# ‘Mama mia!’: Trump tariffs refund ignites 53% profit spike at Nintendo

- URL: https://talkfuse.com/story/mama-mia-trump-tariffs-refund-ignites-53-profit-spike-at-nintendo/
- Published: 2026-08-06T10:13:11+00:00
- Updated: 2026-08-06T10:33:39+00:00
- Original publisher: The Guardian (publisher lean: Left)
- Original article: https://www.theguardian.com/games/2026/aug/06/trump-tariffs-refund-fuels-profit-spike-nintendo
- Topics: Americas, Art, Asia, Business, Companies, Culture, Entertainment, Gaming, Technology, World

## Key points

- Nintendo profit rose 53.5% to ¥147.4bn on a US tariff refund
- Overall quarterly revenue still fell 10% year-on-year
- Nintendo faces a customer lawsuit over tariff-related price rises

## Summary

Nintendo's quarterly profit jumped 53.5% to ¥147.4bn (£694m) in the three months to June, far outstripping analysts' forecasts of ¥77.8bn, after the company received a refund on tariffs imposed by Donald Trump. The boost came despite an overall 10% drop in revenue to ¥517.8bn, highlighting how the reversal of the US "Liberation Day" levies has become a significant financial lifeline for major exporters caught up in the trade dispute.

The refund follows a US supreme court ruling that Trump's tariffs were illegal, prompting Washington to repay around $100bn of the $165bn collected, roughly 60% of the total. Nintendo, which sued for a full refund plus interest, has not disclosed the exact sum received and faces a separate class action from customers alleging it raised prices due to tariffs while later benefiting from refunds, a claim its lawyers call "meritless". Switch 2 console sales remained strong, but the company still faces uncertainty after Trump imposed fresh tariffs on more than 80 countries last month, a move now being challenged in court by a coalition of 25 US states.

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Summarised by TalkFuse (https://talkfuse.com/). Quote the original publisher for the reporting and link this page for the summary and discussion.