By Mathias CENA TOKYO, Feb 6, 2024 (AFP) – Game giant Nintendo raised its annual net profit forecast on Tuesday, saying the weak yen and steady sales of the Switch console, now in its seventh year, would boost earnings. Sales grew in the first three quarters for major releases including the new Zelda game, the company said, while the Super Mario movie helped sell games from the Mario franchise. Nintendo now expects net profit of […]
Tag: Nintendo
Nintendo announces new ‘Zelda’ movie
LOS ANGELES, Nov 8, 2023 (AFP) – Nintendo is developing a film based on its hugely popular “The Legend of Zelda” franchise, the Japanese gaming giant announced, as it bids to capitalize on the blockbuster success of its recent “Mario” movie. The new, live-action “Zelda” movie will be directed by Wes Ball, who made the “Maze Runner” trilogy, and co-produced by Avid Arad, who has overseen several major “Spider-Man” films. Legendary Nintendo designer Shigeru Miyamoto, […]
Nintendo lifts annual profit forecasts on strong game sales
Nintendo raised its annual net profit forecast on Tuesday after strong sales of its new “Zelda” and “Pikmin” games in the first half of the year. The Japanese gaming giant said it forecasts net profit of 420 billion yen ($2.8 billion) for the 12 months to the end of March, up from a previous estimate of 340 billion yen. “Each title released this fiscal year has sold well, with ‘The Legend of Zelda: Tears of […]
Nintendo, Sony face off with new Mario and Spider-Man games
By Mathias Cena with Yassine Khiri in Paris TOKYO, Oct 17, 2023 (AFP) – Nintendo and Sony have a lot riding on two new releases this Friday, “Marvel’s Spider-Man 2” for the PlayStation 5 and “Super Mario Bros Wonder” on the Switch. That’s where the similarities stop: the two games on rival consoles and their target audiences could hardly be more different. – Veterans – Mario, the moustachioed plumber in a red cap created by […]
The long wait is over: New ‘Zelda’ hits shelves
TOKYO (AFP) – A six-year wait came to an end for “Zelda” fans across the world on Friday as Nintendo released the long-awaited next instalment of its 40-year-old gaming saga. Gamers began lining up outside a shop in Paris well before midnight, determined to get their hands on “Tears of the Kingdom” the minute it became available. “I’m going crazy actually, because it’s been six years that we’ve been waiting for this game,” 19-year-old Taylor […]
Nintendo cuts net profit forecast as chip shortage hits console sales
Tokyo, Japan (AFP) — Nintendo cut its full-year net profit forecast on Tuesday, saying the global chip shortage and other supply chain problems had hit console sales in the nine months to December. The Japanese gaming giant also trimmed the annual hardware sales forecast for its Switch console to 18 million units from the previous target of 19 million. New games such as “Pokemon Scarlet and Violet” and “Splatoon 3” have performed well, the Kyoto-based […]
Let’s-a-go (to Hollywood)! First US ‘Super Mario’ theme park to open
Los Angeles, United States (AFP) – Nintendo’s first theme park outside of its native Japan will open in California next month, just weeks before Mario gets the big-screen treatment in a major new Hollywood film. Super Nintendo World will be part of Universal Studios Hollywood — an amusement park that is traditionally home to rides based on film and TV franchises from “Waterworld” to “Harry Potter.” But with the video game industry now eclipsing movies in […]
Weak yen helps Nintendo lift annual net profit forecast
by Natsuko FUKUE Agence France Presse Tokyo, Japan (AFP) — Nintendo raised its full-year net profit forecast on Tuesday, with the weak yen and a solid performance by new games helping compensate for falling sales of its Switch console. The Kyoto-based Japanese gaming giant estimated net profit for the year to March 2023 at 400 billion yen ($2.7 billion), up from a previous projection of 340 billion yen. Net profit for the half-year from April […]
How gaming firm Ubisoft mashed ‘Rabbids’ into ‘Mario’ world
by Yassine KHIRI Agence France Presse Milan, Italy (AFP) — It took 300 staff working in five cities about five years, but the second edition of one of the most ambitious mash-ups in video games is set to arrive on Thursday — “Mario + Rabbids: Sparks of Hope”. The game merges Nintendo’s Mario, the Italian plumber who has given his name to an entire universe of games, with Ubisoft’s Rabbids, a series focused on the […]
Nintendo online gaming network back; relief for quarantined gamers
TOKYO, Japan (AFP) — Gamers breathed a sigh of relief on Wednesday after the end of a network outage that affected Nintendo’s online games, with internet-based systems under increasing pressure from people staying home over coronavirus. “The issue with our network services has now been fixed. Thank you for your patience!” tweeted Nintendo on its European Twitter account, with similar messages posted on its other accounts. The hours-long outage affected its online games but also […]
Mario mugs, Zelda tote bags as Nintendo opens first Tokyo store
TOKYO, Japan (AFP) — Nintendo this week throws open the doors to its first bricks-and-mortar store in Tokyo, offering everything from Super Mario mugs to Zelda handbags as part of a new gaming complex in the heart of the city. Set in a refashioned department store on one floor just minutes from the famed “scramble crossing” in Shibuya district, the giant retail space also includes shops selling merchandise from some of the biggest names […]
Nintendo says nine-month profit up nearly 25%, lifted by strong titles
TOKYO, Japan (AFP) — Nintendo said Thursday its net profit jumped nearly 25 percent for the nine months to December, riding out the crucial holiday season thanks to blockbuster game titles for its popular Switch console. The Kyoto-based games giant said its bottom-line profit rose 24.9 percent to 168.8 billion yen ($1.6 billion) for the April-December period on sales of 997.3 billion yen, up 16.4 percent. “During the holiday season, software was a great driver […]





