Nintendo's profit drops from last year's pandemic boom
newscatcher
2021-11-04 19:30
Nintendo's profit drops from last year's pandemic boom
TOKYO — Japanese video game maker Nintendo's profit dropped 19% in the first half of its fiscal year from the previous year, when it received a big lift as people stuck at home by the coronavirus pandemic turned to its products. Kyoto-based Nintendo Co. reported Thursday a $1.5 billion profit for the April-September period, down from 213 billion yen in the same period the previous year. Fiscal half sales slipped 19% to $5.5 billion. It did not break down quarterly numbers. Nintendo, which is behind the Super Mario and Pokemon games, was among the global companies that received a boost from the pandemic by providing at-home entertainment.

https://www.spokesman.com/stories/2021/nov/04/nintendos-profit-drops-from-last-years-pandemic-bo/

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