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Nintendo appoints new chief

TOKYO: Nintendo Co appointed Shuntaro Furukawa, a relatively young and unknown senior executive as its new president, after reporting that profits are on track to be the highest since 2010 after a year of solid Switch gaming machine sales.


Nintendo tops profit estimates

TOKYO: Nintendo Co topped quarterly profit estimates on holiday demand for Pokemon and Super Smash Bros games, but weak Switch demand forced the company to cut its shipment forecast for the gaming device.


Nintendo’s Fils-Aime hits back at analysts as stock declines

LOS ANGELES: Nintendo Co. executive Reggie Fils-Aime is fighting back against the view that the game maker is running out of surprises, a sentiment that has fueled the company’s worst stock rout in almost three years.


Nintendo investors seek answers

TOKYO: Nintendo Co suffered its biggest two-day drop in 18 months, befuddling analysts and sending investors scrambling to explain the sell-off.


Nintendo returns to quarterly operating profit

OSAKA: Japanese video games maker Nintendo Co Ltd said revenue from its nascent mobile gaming division helped it book its first profit in four quarters, but blunted the announcement with a one-third cut to its full-year outlook.


Nintendo boss to cut pay in half after profit dive

TOKYO: The head of Nintendo said Wednesday he would slash his salary in half after announcing a 30% dive in nine-month profit on weak demand for its new Wii U console as gamers are enticed by cheap, downloadable games for mobiles.


Nintendo shares jump as China eases gaming console ban

Shares in Nintendo Co Ltd jumped as much as 6% to a 2½ year high on Wednesday after China temporarily lifted a 14-year-old ban on selling video game consoles.


Canon, Nintendo find solace in Abenomics as weaker yen boosts outlook

TOKYO: Super Mario creator Nintendo Co Ltd forecast a return to the black after two years of losses and camera maker Canon Inc raised its profit forecast by nearly 10% as a weaker yen, spurred by aggressive deflationfighting policies, bolstered the outlook of Japan’s tech companies.


Nintendo sees Switch console doubling full-year profit

OSAKA: Japan’s Nintendo Co Ltd said on Thursday it expects operating profit to jump 121% in the year through March 2018, bolstered by strong demand for its new Switch console.


Nintendo profit down, buyers await mobile games

TOKYO: Nintendo Co president Tatsumi Kimishima resorted to vague hints to assure investors the company’s March mobile gaming debut is worth waiting for, even as a 36% plunge in quarterly earnings highlighted a downward spiral in sales of Wii U and 3DS players.