Nintendo reports profit is up 11%, but sales slipped for the first half of the fiscal year
Japanese video-game maker Nintendo reported Thursday an 11% improvement in its net profit in the first half of the fiscal year, although its sales declined during that period.Kyoto-based Nintendo Co.'s April-September profit rose to 220.9 billion yen ($1.4 billion) from nearly 199 billion yen in the same period a year earlier. Sales during the six months slipped 12% to 966 billion yen.Nintendo, which makes Pokemon, Super Mario and Legend of Zelda games, sold 1.27 million Switch game consoles during the six months, and 6.49 million of its Switch 2 machines, the company said.In game...
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