travel

Nintendo to announce Switch successor in this fiscal year as profits rise

Font size+Author:Stellar Series news portalSource:world2024-05-07 23:29:52I want to comment(0)

TOKYO (AP) — Japanese video-game maker Nintendo said Tuesday that it will make an announcement about

TOKYO (AP) — Japanese video-game maker Nintendo said Tuesday that it will make an announcement about a successor to its Switch home console sometime before March 2025.

In reporting its financial results, Nintendo gave no details about the announcement, including about whether it would launch that successor product during this fiscal year, or just announce its plans for it.

“We will make an announcement about the successor to Nintendo Switch within this fiscal year. It will have been over nine years since we announced the existence of Nintendo Switch back in March 2015,” the company’s president, Shuntaro Furukawa, said in a statement.

Kyoto-based Nintendo Co. reported a 13% rise in profit for the fiscal year that ended in March, boosted by solid demand for Switch software like “The Legend of Zelda: Tears of the Kingdom.”

Nintendo’s net profit for the fiscal year through March 2024 totaled 490.6 billion yen ($3 billion), up from 432.7 billion yen in the previous fiscal year. Annual sales rose 4% to 1.67 trillion yen ($11 billion), nearly 80% of it from outside Japan.

Related articles
  • Blackpink fans joke that singer Rosé, 27, is a jinx that breaks up high

    Blackpink fans joke that singer Rosé, 27, is a jinx that breaks up high

    2024-05-07 23:17

  • 'Commonsense' win as fish exports to US given all

    'Commonsense' win as fish exports to US given all

    2024-05-07 22:11

  • I endured aggressive chemo and said goodbye to my family after being given just 15 months to live

    I endured aggressive chemo and said goodbye to my family after being given just 15 months to live

    2024-05-07 21:44

  • I'm a gardening expert

    I'm a gardening expert

    2024-05-07 20:44

Netizen comments