Nintendo’s earnings triple as pandemic makes people gamble



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Nintendo said it expects the positive results to continue. The latest in his other line of hit games, like “Pikmin 3 Deluxe,” will be released this year, he said.

Nintendo, the Japanese company behind the Super Mario and Pokémon video games, reported Thursday that its first half tax earnings tripled over time as it stayed home during the pandemic playing games.

Kyoto-based Nintendo Co.’s earnings for the six months through September soared to 213 billion yen ($ 2 billion), up from 62 billion yen the previous year. Six-month sales soared to 769 billion yen ($ 7.4 billion) from 444 billion yen.

Nintendo said more than 5 million units of “Super Mario 3D All-Stars” game software were sold for the Nintendo Switch during the period, and nearly 3 million units of “Paper Mario – The Origami King” were sold.

Previous releases also continued to sell quickly, including “Animal Crossing-New Horizons,” which has now sold a total of 26 million units worldwide, according to Nintendo.

Nintendo’s online downloads and mobile sales also performed well, he said.

Nintendo said it expects the positive results to continue. The latest in his other line of hit games, like “Pikmin 3 Deluxe,” will be released this year, he said.

Nintendo raised its profit forecast for the full year through March to 300 billion yen ($ 2.9 billion), up from a previous projection of a profit of 200 billion yen ($ 1.9 billion). . The latest forecast, if true, would mark a 16% improvement from the 259 billion yen in profit recorded in the previous fiscal year.

Although the increase in COVID-19 cases has affected large sectors of the global economy, including Japan, some sectors, such as online retail and home entertainment, are booming.

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