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 00:37:12 source:International Insight 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
  • Janet Jackson to play 2024 Essence Fest instead of the Smoothie King Center this summer
  • Seattle Storm become 2nd WNBA team to open their own practice facility
  • China completes construction of record
  • Zara Tindall and her husband Mike share a loved
  • American soldier was arrested in Russia and accused of stealing from a girlfriend, US officials say
  • Early Solomon Islands election results show shakeup in most populous province — Radio Free Asia
  • San Francisco sues Oakland over new airport name that includes 'San Francisco'
  • First major attempts to regulate AI face headwinds from all sides
Recommended content
  • Russian journalist arrested for years
  • Wesley Bryan would rather be at Hilton Head. He's leading in the Dominican Republic
  • Trump loses bid to halt Jan. 6 lawsuits while he fights criminal charges in the 2020 election case
  • With QB Cousins joining strong foundation on offense, Falcons may target edge rusher in NFL draft
  • Christina Hendricks recreates her wedding for her Alzheimer's
  • Vikings have the 11th and 23rd picks in the NFL draft and a need for a QB. Can they get their guy?