Hosiden Corp., a key assembler for Nintendo Co.’s gaming consoles, reported second-quarter sales that more than doubled from a year earlier as the Japanese electronics maker ramped production ahead of the Switch 2 launch in June. The Osaka-based company posted revenue of ¥245.46 billion ($1.6 billion) for the six months ended September, according to a filing Thursday. Operating profit edged up just 1.6% to ¥8.1 billion ($53 million).
The revenue surge reflects Hosiden’s growing dependence on gaming hardware, with Nintendo accounting for 57.4% of total sales in the fiscal year ended March 2025. The company manufactures electronic components across four segments including mechanical, acoustic, display and composite components. Amusement-related sales, which includes gaming console parts, drove the growth despite declining mobile communications revenue.
The Switch 2 launched June 5 after years of speculation, positioning Hosiden to benefit from Nintendo’s next console generation. Currency tailwinds also boosted profitability, with foreign exchange gains reversing prior-year losses to lift net income 38% to ¥6.11 billion ($40 million).
Hosiden raised its full-year revenue forecast to ¥440 billion from ¥428 billion, a 2.8% increase. The company now expects operating profit of ¥16 billion, up 3.2% from its prior outlook. However, automotive components contributed to growth, suggesting Hosiden faces pressure to diversify beyond its concentrated Nintendo exposure.
