Pokemon Sales Power-Up Nintendo Q3 Profits

TOKYO — Japanese video game maker Nintendo Co. is reporting third quarter profit more than doubled from a year earlier on healthy sales of Pokemon game software.

Nintendo, which makes Super Mario games and will start selling the Switch console March 3, reported Tuesday a better-than-expected October-December profit of JPY64.7 billion (20 billion baht), up from JPY29.1 billion (9 billion baht) in the same period of 2015.


Kyoto-based Nintendo raised its full year profit forecast to JPY90 billion from an earlier JPY50 billion.

That would mark a more than five-fold increase from what it earned the previous fiscal year.


It kept its sales forecast unchanged at JPY470 billion. Nintendo’s quarterly sales slipped 21 percent to JPY174.3 billion.