Nintendo Might Be Making Money Again

Illustration for article titled Nintendo Might Be Making Money Again
Kotaku EastEast is your slice of Asian internet culture, bringing you the latest talking points from Japan, Korea, China and beyond. Tune in every morning from 4am to 8am.

After what seemed like a truly difficult period, Nintendo looks like it could turn its first yearly profit in four years.

Advertisement

According to Reuters, Nintendo revealed that it turned a 9.3 billion yen ($86.1 million)* operating profit during the period starting in July and ending in September. Reuters adds that analysts, however, were expecting a 3.7 billion yen loss. That doesn't seem to have happened!

Nintendo says it's still on track for a 40 billion yen ($370 million) annual profit.

*Note: An earlier version of this story quoted an incorrect operating profit amount for this period—this has been fixed.

Photo: Bloomberg via Getty Images

Nintendo Q2 beats forecasts, says on track for full-year profit [Reuters]

To contact the author of this post, write to bashcraftATkotaku.com or find him on Twitter @Brian_Ashcraft.

Kotaku East is your slice of Asian internet culture, bringing you the latest talking points from Japan, Korea, China and beyond. Tune in every morning from 4am to 8am.

DISCUSSION

BUT NINTENDO IS GOING BROKE! THEY SHOULD RELEASE THEIR IP'S ON OTHER PLATFORMS TO STAY VIABLE!