
The success of the Nintendo Switch during the coronavirus pandemic propelled the Japanese video company to a banner year.
Nintendo (NTDOF) said on Friday that it made 352 billion yen ($3.3 billion) in operating profit for the fiscal year ended in March — a 41% surge from a year ago, and the highest in nine years.
Profit in the three months to March more than tripled compared with the previous quarter.
Sales were driven this spring in large part by the breakout success of “Animal Crossing: New Horizons,” a game set on an island utopia. The company sold more than 13 million units of the game in its first six weeks of release.