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The Independent UK
The Independent UK
National
Yuri Kageyama

Nintendo reports lower profits as demand drops for its aging Switch console

Nintendo Japan Video Game
Japan Earns Nintendo - (Copyright 2022 The Associated Press. All rights reserved.)

Nintendo, the Japanese video game maker behind the Super Mario franchise, said Tuesday that its profit fell 60% in the first half of the fiscal year, as demand waned for its Switch console, now in its eighth year since going on sale.

Kyoto-based Nintendo Co. reported a 108.7 billion yen ($715 million) profit for the April-September period, as sales slipped 34% from the previous year to 523 billion yen ($3.4 billion).

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