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Nintendo profit News

Japanese videogame

07 May 2015

Nintendo sees profit doubling, helped by smartphone game entry

Japanese videogame maker Nintendo Co Ltd forecast its long-awaited entry into smartphone games would help it double annual operating profit in the year through March, offsetting weak sales growth in its traditional consoles.

Nintendo shares

18 Mar 2015

Nintendo shares rocket 21% on smartphone gaming plan

Nintendo shares shot up more than 21 percent Wednesday after the videogame giant said it will enter the booming market for games on smartphones, in a U-turn long sought by investors.

Japanese video game

28 Jan 2015

Nintendo halves operating profit view on slack 3DS sales; weak yen lifts net profit

Struggling Japanese video game maker Nintendo Co warned it won`t make its annual operating profit target due to slack sales of its 3DS handheld game consoles, though the yen`s current weakness means overseas sales will boost net profit.

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