Nintendo is reporting an 18% rise in its net profit for the first fiscal half, as sales were boosted by its hit Super Mario movie
TOKYO — Nintendo reported an 18% rise in net profit for its first fiscal half on Tuesday, as sales continued to get a boost from its hit Super Mario movie, and the popularity of its software for various new video games.
April-September profit at Nintendo Co., which didn’t break down quarterly results, totaled nearly 271.3 billion yen ($1.8 billion), up from 230 billion yen a year earlier. Sales surged 21% to 796 billion yen ($5.3 billion).
Demand remained strong for Nintendo Switch game software, which got a healthy lift from the film starring the jumping plumber, “The Super Mario Bros. Movie.”
Among the games that sold well as a result of the film was “Mario Kart 8 Deluxe,” which sold 3.2 million units during the period, for cumulative sales of 57 million games, Nintendo said.
This year’s Super Mario movie is one of the top-selling animation films on record, second only to “Frozen II,” and the top animation film based on a video game.
Also helping lift results was the popularity of “The Legend of Zelda: Tears of the Kingdom” game, released in May. The latest in the hit action-adventure series, it sold 19.5 million units worldwide.
Hardware sales climbed to 6.84 million machines, including various Switch models, from 6.68 million the previous year, for total cumulative sales of 132.5 million.
Nintendo expects to sell 15 million machines for the fiscal year through March 2024, including sales over the crucial Christmas and New Year’s shopping season.
Ahead of the holidays, Nintendo is planning to release the “Super Mario RPG” game software and Pokemon games.
Nintendo’s software sales grew in
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