TOKYO (AP) – Nintendo reported healthy sales and profits on the back of the hit Super Mario Bros Wonder game, prompting the Japanese video game maker to raise its full fiscal year forecasts.
Kyoto-based Nintendo Co said yesterday that demand for what it called the first completely new Super Mario game in the series remained strong. Sales of the new Zelda game and Pikmin 4 also surged.
More than 10.7 million units of the latest Super Mario game have been sold around the world since it went on sale in October, 2023 according to Nintendo.
It is banking on upcoming games like Mario Vs Donkey Kong and Princess Peach Showtime to keep the sales momentum going.
The weak yen also helped Nintendo’s bottom line by boosting the value of its overseas revenue when converted into yen.
For the first nine months of the fiscal year, Nintendo earned JPY408 billion, up nearly 18 per cent from JPY346 billion in the same period the year before.
Nine-month sales rose eight per cent to JPY1.39 trillion.
Nintendo, which did not break down quarterly numbers, expects a full year profit of JPY440 billion, up from an earlier projection for a JPY420 billion profit. Nintendo recorded JPY433 billion in profit a year earlier.
