Nintendo ADR (OTC:NTDOY) has reported a substantial decline in sales and net profit for the first quarter of FY2025, marking a challenging period in the eighth year of the Nintendo Switch’s lifecycle. The company attributes this decline to a relatively quiet release schedule compared to the same period last year, which saw the launch of blockbuster titles like The Legend of Zelda: Tears of the Kingdom, GamesIndustry.biz reported. See Also: Microsoft Reports Sharp Decline In Xbox Hardware Sales For Q4, But There’s A Silver Lining Financial Overview For the three months ending June 30, 2024, Nintendo’s financial results reveal a stark year-on-year comparison: Net Sales: 246.6 billion yen ($1.6 billion), a 46.5% decrease Net Profit: 80.9 billion yen ($542.9 ...