Author: Matt Kelly

Nintendo reports First Annual Profit since 2011

For the first time since 2011, Nintendo’s profits are on the rise. On Thursday the Kyoto-based video game giant reported annual operating profits of ¥24.7 billion and a net profit of ¥41.8 billion ($350 million) for the fiscal year ending March, from ¥549.8 billion in revenue. The figures are a substantial improvement over Nintendo’s own prediction of a ¥30 ...