Nintendo, which revised its annual forecasts up last quarter, said it was further upgrading its net profit outlook to 400 billion yen.
TOKYO: Japanese giant Nintendo reported new bumper results Monday, with unprecedented demand for its hit games and consoles continuing to soar as new virus lockdowns boost the sector.
While new waves of infections have dashed economic recovery hopes in many industries, tightened restrictions have helped extend a run of good fortune for gaming companies.
Nintendo hiked its full-year forecast again on the strong results, including the runaway success of its Switch console and blockbuster pandemic hit “Animal Crossing”.
The firm said global sales of the Switch for October-December rose to their high levels since the wildly popular console launched in March 2017.
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