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5 stories tagged Earnings
Nintendo shares fell as much as 10% in Tokyo on Monday — a second straight session of losses after Friday's earnings — pushing the stock to a 21-month low. The trigger: a 16.5 million Switch 2 forecast, a dividend cut to 162 yen, and a 100 billion yen hit from the AI-driven DRAM chip surge.
Sony's FY2025 results add another $565 million Bungie writedown on top of October's $200 million one, totaling $765 million in impairments — more than 20% of the original $3.6B acquisition price. Sony cited Marathon's failed March launch (currently 6,000-15,000 concurrent on Steam) and Destiny 2's continued engagement decline.
Sony shipped 1.5 million PS5s in Q4 FY25 against 2.8 million a year earlier, blaming a global memory crunch driven by AI data-center demand. PlayStation CEO Hideaki Nishino spent the rest of the call pivoting to AI tooling — naming Mockingbird (facial animation, used by Naughty Dog and San Diego Studio) and an unnamed hair pipeline that converts video of real hairstyles into strand-level 3D groomed models.
Forza Horizon 5 has reportedly pulled in over $300M and 5M+ copies on PS5, but Microsoft's other multiplatform ports are quietly underperforming — and combined with a 33% hardware revenue collapse, it's pushing Xbox to actively reconsider exclusivity ahead of the May 7 Project Helix reveal.
Koei Tecmo raises its fiscal year profit forecast by 53 percent to 41.5 billion yen after Pokemon Pokopia sells 2.2 million in four days and Nioh 3 crosses one million in two weeks. Full results due April 27.