Nintendo said Thursday that net profit rose 11% from a year earlier to 220.92 billion yen ($1.39 billion) for the six months ended September. The Japanese videogame maker attributed the increase to stronger software sales and the successful release of the new Super Mario Bros. Movie.
The profit growth reflects robust demand for Nintendo Switch software and the positive impact of the film on related game sales. The company maintained its full-year profit forecast, citing continued momentum in its gaming ecosystem.
Source: Wall Street Journal US Business · Summarized by HeadlinesBriefing