Nintendo is trading 4.46% up at €46.84 after first-quarter earnings exceeded expectations.

  • Operating profit surged 150.5% to 142.6 billion yen on strong Switch 2 software demand and approximately $300 million in refunded U.S. tariffs.
  • Profit substantially exceeded the 70.3 billion-yen analyst average compiled by LSEG; software mix and the refund improved profitability despite a 9.5% year-over-year sales decline.
  • The stronger-than-expected earnings reaction came as broader markets were broadly unchanged on August 10, 2026.