Nintendo Reports Quarterly Profit as Sales Improve

Nintendo Reports Quarterly Profit as Sales Improve

Nintendo Co. posted a JPY 3.17 billion (roughly Rs. 171 crores) profit for the fiscal second quarter, buoyed by sales growth of portable video game machines and software titles.

The Japanese maker of Super Mario and Pokemon video games, said Wednesday that July-September sales rose 18 percent to JPY 113.96 billion, allowing it to stay in the black for a second quarter in a row.

The company reported JPY 8.97 billion operating profit for the fiscal first half compared with a loss of 215 million yen a year earlier.

It said sales of Nintendo 3DS game machines including two newer models launched during the previous fiscal year reached 2.28 million units in the first half.

Sales were also buoyed by software titles such as “Animal Crossing,” which sold more than 2 million units, the company said. A software title featuring all-time favorite Super Mario for the Wii U home console also got off to a good start, it said.

Nintendo left its annual profit forecast unchanged at JPY 35 billion (roughly Rs. 1,886 crores).

[“source-gadgets”]