Business · Companies · 17 mins ago

Nintendo profit rose 11% as sales fell 12.1% in April–September

Nintendo profit rose 11% as sales fell 12.1% in April–September

Nintendo's net profit rose 11.0% from April to September.

Its sales fell 12.1% over the same period.

The figures show that profit increased while sales declined.

No reason for the changes is given.

The figures do not say which products or markets were involved.

No further outlook or next steps are provided.

4 sources

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Serkan TotoCEO of Kantan Games
Nintendo's only real blockbuster this fiscal year is the Ocarina Of Time remake. It's not enough to make investors happy, especially after the device is now as expensive as it is
via CNBC
It's getting harder and harder to sell video game hardware these days, and only hits help. Nintendo must step on the gas and deliver more big games next fiscal year to make sure the Switch 2 momentum continues.
via CNBC