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The Guardian - UK
The Guardian - UK
Entertainment
Kalyeena Makortoff

‘Mamma mia!’: Trump tariffs refund ignites 53% profit spike at Nintendo

A large Mario figure rests its chin on its hand at a Nintendo Switch 2 store display
Nintendo said sales of its Switch 2 console, which was released last summer, maintained strong momentum but overall sales dropped 10%. Photograph: Richard A Brooks/AFP/Getty Images

Nintendo has reported a jump in profits, as the Japanese game maker’s earnings were buoyed up by a long-awaited refund on Donald Trump’s tariffs.

The company said profits surged 53.5% to ¥147.4bn (£694m) over the three months to June, substantially beating expert forecasts for ¥77.8bn.

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