Nintendo reported relatively weak sales of 1,164.9 billion yen for its fiscal year ended March 31, 2025, down 30.3% from 1,671.8 billion yen a year earlier.

But the company was bullish about its Switch 2 forecast, as it expects 15 million units of Switch 2 hardware to sell in the fiscal year ending March 31, 2026, and 45 million copies of Switch 2 software. In the same period it expects to sell 4.5 million units of the Switch, and 105 million Switch games.

It’s no surprise that the results are down, as Nintendo saw its hardware sales fall in anticipation of upcoming sales of the Nintendo Switch 2 hybrid console, which debuts on June 5.

Nintendo’s net profit for the fiscal year was 278.8 billion yen, down 43.2% from 490.6 billion yen a year earlier.

The company’s dedicated video game platform business was down 30.9% and mobile, IP-related income was down 27%. Foreign exchange rates added 43.3 billion yen to net sales.

Nintendo sold 10.8 million Switch hardware units in FY25, compared with 15.7 million hardware units in FY24. And it sold 155.4 million games in FY25, compared with 199.67 million games in FY24.

The big sellers in the year were 7.48 million copies of Super Mario Party Jamboree, 6.23 million copies of Mario Kart 8 Deluxe, 4.09 million copies of The Legend of Zelda: Echoes of Wisdom and 3.16 million copies of Nintendo Switch Sports.

And check out the Switch 2 third-party slate in the image above.