Business

Nintendo Q1 net profit jumps thanks to weak yen

Nintendo said Wednesday its first-quarter net profit jumped 28 percent on-year, mainly thanks to a weaker yen, but hardware and software sales declined because of a chip shortage and COVID-19 supply issues.

Business

Nintendo's profit drops from last year's pandemic boom

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.