Member LoginMember Login - User registration - Setup as front page - Add to favorites - Sitemap Nintendo to announce Switch successor in this fiscal year as profits rise !

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

Time:2024-05-07 21:31:21 source:Global Gazetteer news portal

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 information
  • Timberwolves center Rudy Gobert misses Game 2 in Denver
  • Used goods proving to be trendy commodities
  • Hainan expands visa
  • Major Chinese e
  • Malaysian government defends presence of companies that supply weapons to Israel at defense show
  • Team China makes flying start at Sudirman Cup
  • Steeled for an almighty challenge
  • Xi Says Chinese Modernization to Bring New Opportunities to China
Recommended content
  • German track star Alica Schmidt, dubbed 'the world's sexiest athlete', qualifies for the Olympics
  • New energy projects cater to Xizang's power needs
  • Xi Meets Senegalese President in Johannesburg
  • Chinese paddlers Wang, Sun lift trophies at WTT Cup Finals
  • Larrañaga, Kruger, Dunphy and Nolan to be honored with Joe Lapchick Character Award
  • China's talent pool goes for glory