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:2024-05-08 04:37:45 source:Stellar Scope 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
  • Chinese scientists create mutant Ebola virus to skirt around biosafety rules
  • Pluck and Moxie! Trailblazer Dedicated to Saving Lives During Emergencies
  • Reaping the Rewards of a Lifetime in the Fields
  • HKSAR chief executive congratulates athletes of Hong Kong, China for Asiad achievements
  • The FAA investigates after Boeing says workers in South Carolina falsified 787 inspection records
  • Uygur Woman Shows Charm of Xinjiang Through Fabulous Dance
  • Reaping the Rewards of a Lifetime in the Fields
  • Pluck and Moxie! Trailblazer Dedicated to Saving Lives During Emergencies
Recommended content
  • Togo's presidents signs a law expected to extend his decades
  • Young Craftswoman Breathes New Life into Wood Carvings
  • Junior of Revolutionaries Inherits, Promotes Family's 'Red Gene'
  • Headmistress Committed to Primary School Education for Decades
  • Anne Hathaway and husband Adam Shulman join Kate Hudson at Derek Blasberg's star
  • Scientific Team Contributes to Large Research Infrastructures for Country