Nintendo profit climbs on Switch, software sales

By Associated Press

Nov 09, 2022 12:20 am

TOKYO: Nintendo recorded a 34-percent profit surge in the first half of the fiscal year on strong sales of products for its Switch console like the paint-shooting game 'Splatoon 3,' the Japanese video game maker reported on Tuesday.

That prompted the maker of the 'Pokemon' and 'Super Mario' games to raise its income forecast for the April 2022 to March 2023 fiscal year to 400 billion yen ($2.7 billion) from an earlier projection of 340 billion yen ($2.3 billion).

A man walks near an advertisement for Nintendo Switch at an electronics retail chain store in Japan’s capital Tokyo on Oct. 13, 2021. AP FILE PHOTO

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