Nintendo profits rise to $6.2bn ahead of quiet year

Nintendo's profits rose to $6.2bn for the full year ended March 31, 2024, despite declines in hardware and software sales. The company is forecasting a 20% drop in net sales for the year ending March 31, 2025. Sales for the Nintendo Switch and games dipped year-on-year, but Nintendo considers the sales to be steady for a platform in its eighth year.