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TOKYO, Japan (AFP) — Nintendo said Tuesday its net profit jumped by more than a quarter for the six months to September as blockbuster game titles from the “Donkey Kong” and “Mario” series helped boost demand for its popular Switch console. But growth slowed in the July-September period, missing market expectations, with no major software releases during the quarter to drive sales. The Kyoto-based game giant reported net profit for the six months to September […]
TOKYO, Japan (AFP)–Nintendo said Tuesday its quarterly net profit jumped 43.9 percent year-on-year to $275 million, driven by the global popularity of its Switch console and game titles. The Kyoto-based game giant reported net profit for the three months to June of 30.6 billion yen ($275 million), with operating profit soaring 88.4 percent to 30.5 billion yen. It said sales were up 9.1 percent to 168.16 billion yen, and it expects strong demand for the […]
TOKYO, Japan (AFP) — Nintendo is expecting to sell more than 20 million of its new “Switch” consoles in the next fiscal year, the firm’s president said, with sales outpacing its smash-hit Wii console in some places. Tatsumi Kimishima told Thursday’s Kyoto Shimbun newspaper that the momentum for Switch is stronger in some markets than that of the Wii, a smash-hit household console that sold more than 100 million units worldwide. Kimishima said he expected […]
Tokyo, Japan (AFP) — Tokyo shares finished lower on Friday after three days of gains, but Nintendo jumped as the videogame giant launched its newest console. Tokyo’s benchmark Nikkei 225 fell 0.49 percent, or 95.63 points, to end the day at 19,469.17, while the Topix index of all first-section issues slipped 0.42 percent, or 6.64 points, to 1,558.05.
by Kyoko HASEGAWA / Miwa SUZUKI Agence France Presse TOKYO, Japan (AFP) — Nintendo’s Switch console went on sale Friday in a global launch seen as key for the Japanese video game giant to reverse flagging sales and compete with Sony’s top-selling PlayStation 4. The $299-unit, which works both at home and on-the-go, blends the Super Mario maker’s history in the console business with its fledgling mobile gaming strategy, which got a big brand win […]
TOKYO, Japan (AFP) — Nintendo shares surged more than five percent on Wednesday after the game giant said it would release a Super Mario app for iPhones next month. The stock price rose as much as 5.5 percent to 26,215 yen before closing the morning session on the Tokyo Stock Exchange up 4.38 percent at 25,950 yen. Shares in Nintendo, creator of the Pokemon franchise, have been on a tear since the July release of […]
(REUTERS) Apple Inc unveiled an iPhone 7 with high-resolution cameras and no headphone jack at its annual launch event Wednesday, though the biggest surprise was the debut of a three-decade-old Nintendo game franchise, Super Mario Bros, on the smartphone. While shares of Apple barely budged, Nintendo’s U.S.-listed shares jumped 29 pct on investors’ hopes that Super Mario would be another mobile gaming hit for the Japanese company akin to the wildly popular Pokemon Go. […]
TOKYO, Japan (AFP) — Nintendo skyrocketed in early trade Thursday after the Japanese gaming giant and Apple announced that an exclusive Super Mario game will be available on iPhones later this year. The Tokyo-listed stock surged 18 percent to 29,200 yen ($287) in response to the news. Apple and Nintendo jointly announced that “Super Mario Run”, featuring Nintendo’s iconic game character, would be sold in App stores for exclusive use on the US firm’s hugely […]
TOKYO, Japan (Reuters) — Thousands of people turned up in the Japanese port city of Yokohama on Sunday (August 7) as dozens of giant Pikachus, a character of the globally popular Pokemon GO game, paraded down the streets. Around 50 Pikachus and a dozen children and dancers braved the summer heat to entertain fans and passersby alike. The city has an exclusive deal with The Pokemon Company, which receives licensing fees from the game and […]
It got the world searching for pixelated monsters, but going by its latest grim earnings report, Nintendo’s got some work to do if it wants to get back in the green. Graham MacKay explains how taking a leaf out of Disney’s book could be the answer. Super Mario eyeing a jump to Mickey Mouse style merchandising. https://youtu.be/GjODEpBXr0o With the Pokemon go craze in full swing, but earnings still deep in the red, Nintendo is taking […]
TOKYO, Japan (AFP) — Nintendo on Tuesday shot past Sony in market value after the videogame giant’s stock more than doubled since the release of the wildly popular Pokemon Go game. The Pokemon franchise creator surged nearly 11 percent to end the morning at 30,780 yen ($290), up more than 100 percent from its July 6 close. That put Nintendo’s market capitalisation at 4.36 trillion yen, topping Sony, one of Japan’s best-known companies by 300 […]
SYDNEY, Australia (AFP) — A couple playing Pokemon Go were threatened at gunpoint in a town park south of Sydney, Australian police said Friday, as they blamed the game for a wave of crimes, traffic violations and complaints. Two masked men carrying a rifle held up the couple who had gone to the park in the small town Wednesday night to search for virtual “pocket monsters”. The would-be robbers fled empty handed and New South […]
