Nintendo Co. is reporting a 2.7-fold year-on-year increase in consolidated sales in the six months through September on brisk demand for the Switch game console and related software titles.
The results for the first half of the 2017 business year show the Kyoto-based video game giant continuing a striking turnaround from financial woes stemming from the disappointing performance of the Switch's predecessor, the Wii U, with recent successes in mobile gaming including "Pokemon Go," based on an affiliate's property.
The company posted sales of ¥374.04 billion, compared with ¥136.81 billion a year earlier. Net profit was up 34.5 percent to ¥51.50 billion and operating profit at ¥39.96 billion, reversing a ¥5.95 billion loss.