Nintendo’s quarterly profit rises on hit Switch games

TOKYO (AP) — Nintendo, the Japanese video game maker behind the Super Mario and Pokemon franchises, reported yesterday that its fiscal third quarter profit jumped 25 per cent, boosted by the popularity of games for its Switch console.

Nintendo Co.’s October-December profit totalled 104.2 billion yen (USD956 million), up from 83.7 billion yen a year earlier. Quarterly sales totalled 608.4 billion yen (USD5.6 billion), up 26 per cent.

Among the software hits for Switch was Super Mario Bros Ultimate, whose sales have totalled 12 million units since it went on sale in December.

The popularity of such games helped drive Switch machine sales during the holiday shopping season, the company said.

The Switch is a hybrid game machine that works both as a console and a tablet.

Nintendo, based in Kyoto, central Japan, stuck to its full year forecast for a 165 billion yen (USD1.5 billion) profit, up 18 per cent from the previous fiscal year, on sales of 1.2 trillion yen (USD11 billion), up 14 per cent on-year.

Visitors walk around a figure of Super Mario of Nintendo at Panasonic centre in Tokyo. – AP