Nintendo profits boom as people stuck at home play games
Nintendo’s annual profit jumped 86% on healthy sales of its Switch handheld machine as people stayed at home due to the pandemic, turning to video games for entertainment.
The Japanese maker of Super Mario and Pokemon games said annual profit for the fiscal year that ended in March totalled 480.4 billion yen (£3.1 billion), up from 258.6 billion yen (£1.7 billion) the year before. The results were better than the company’s internal profit forecast.
