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Nintendo profits boom as people stuck at home play games

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TOKYO – Nintendo Co.’s profit for the fiscal year that ended in March jumped 86% on healthy sales of its Switch handheld machine as people stayed home due to the pandemic, turning to video games for entertainment.

Annual profit for the Japanese maker of Super Mario and Pokemon games totaled 480.4 billion yen ($4.4 billion), up from 258.6 billion yen the year before.

The results, released Thursday, were better than the company’s internal profit forecast of 400 billion yen ($3.7 billion). Sales rose 34% to 1.76 trillion yen ($16 billion), the company said.

In game software sales, demand remained strong for “Animal Crossing: New Horizons,” with 20.85 million units sold for cumulative sales of 32.6 million units. “Mario Kart 8 Deluxe” and

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COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
Brazil
Brazil
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
United Kingdom
United Kingdom
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
Detail statistic
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