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