Wednesday October 28, 2015

Nintendo Reports Quarterly Profit As Sales Improve

Nintendo posted a 3.17 billion yen ($26.3 million) profit for the fiscal second quarter, buoyed by sales growth of portable video game machines and software titles. The Japanese maker of Super Mario and Pokemon video games, said Wednesday that July-September sales rose 18 percent to 113.96 billion yen ($946.5 million), allowing it to stay in the black for a second quarter in a row. The company reported 8.97 billion yen ($74.6 million) operating profit for the fiscal first half compared with a loss of 215 million yen a year earlier.