TOKYO, Aug 3 — Nintendo reported today a 52 per cent jump in first-quarter net profits thanks to brisk sales of its latest Zelda game and the release of The Super Mario Bros. Movie.
Recording net income of ¥181 billion (US$1.26 billion), the Japanese gaming giant left its net profit forecast for the full year to March 2024 unchanged at ¥340 billion.
The Legend of Zelda: Tears of the Kingdom had a “good start” after its release in May, recording sales of 18.51 million units, Nintendo said in a statement.
“The April release of The Super Mario Bros. Movie positively impacted sales of Mario related titles, with Mario Kart 8 Deluxe recording sales of 1.67 million units (for cumulative sales of 55.46 million units),” it added.
The Super Mario Bros. Movie was the year’s first film to pass the global US$1 billion mark at the box office.
Hardware unit sales increased 13.9 per cent year on year to 3.91 million units, and software unit sales increased 26.1 per cent to 52.21 million units.
Its results were also buoyed by a weaker yen, Nintendo said. — AFP
