Nintendo’s net profit has surged by 52% due to the success of the ‘Super Mario’ game and the launch of the new ‘Zelda’ game.
Nintendo's net profit has surged by 52% due to the success of the 'Super Mario' game and the launch of the new 'Zelda' game.
Nintendo’s Success Continues with the Super Mario Bros. Movie and New Game Releases

Nintendo Co., the Japanese video game maker, has once again demonstrated its dominance in the gaming industry. During the April-June period, the company reported a net profit of 181 billion yen ($1.3 billion), a significant increase from the previous year’s 119 billion yen. This remarkable growth can be attributed to various factors, including the highly successful release of “The Super Mario Bros. Movie” and the popularity of their latest game, “The Legend of Zelda: Tears of the Kingdom.”
“The Super Mario Bros. Movie” has been a massive hit, drawing in over 168 million people worldwide and grossing an impressive $1.3 billion. This makes it one of the top-selling animation films in history, trailing only behind “Frozen II.” Notably, it also stands as the highest-grossing animation film based on a video game. The success of this movie has undoubtedly contributed to the increased demand for Nintendo Switch game software.
Continuing the momentum, “The Legend of Zelda: Tears of the Kingdom” game, released in May, has received widespread acclaim and further boosted Nintendo’s sales. The game is the latest addition to the beloved action-adventure series and has captured the hearts of players around the world.
Nintendo’s quarterly sales skyrocketed by 50% to 461.3 billion yen ($3.2 billion). Both hardware and software sales experienced significant growth, with 3.9 million Nintendo Switch machines sold, a 14% increase, and 52 million games sold, a remarkable 26% increase. This surge in sales highlights the enduring popularity of Nintendo products among gamers.
In addition to the success of their game software, Nintendo has also enjoyed a substantial revenue boost from its intellectual property business, most notably from the release of “The Super Mario Bros. Movie.” Royalties from various sources have contributed to the company’s overall profitability.
- Gavin Newsom challenges Ron DeSantis to a primetime debate in Novem...
- Mattel will pay $18,000 for someone to play and promote its new Uno...
- Airbus’ A321XLR plane will be flying in 2024, opening new rou...
One intriguing aspect of Nintendo’s strategy is their emphasis on the idea of multiple Nintendo Switch consoles per household, encouraging family members to play together. This concept has resonated with consumers who enjoy playing games as a shared activity. One such popular game that enables cooperative play is “Pikmin 4,” which was released last month. Furthermore, Nintendo has capitalized on the growing trend of downloadable games, which has become a significant source of income for the company.
Looking ahead, Nintendo has an exciting lineup of new games set to be released in the coming months. One highly anticipated title is “Super Mario Bros. Wonder,” which is scheduled to hit the shelves in October. With the continuous stream of captivating games, Nintendo aims to maintain its position as a leader in the gaming industry.
Despite their remarkable performance, Nintendo has opted to keep their full year profit forecast unchanged at 340 billion yen ($2.4 billion), representing a 21% decrease compared to the previous year. This decision may be attributed to changing market conditions and the highly competitive nature of the gaming industry.
Nintendo’s success story continues to unfold, driven by its innovative game releases and strategic business decisions. As the company pushes the boundaries of gaming entertainment, fans eagerly await their next adventure, ready to embark on new journeys with their beloved Nintendo characters.