‘Mamma mia!’: Trump tariffs refund ignites 53% profit spike at Nintendo
- Nintendo has reported a jump in profits, as the Japanese game maker’s earnings were buoyed up by a long-awaited refund on Donald Trump’s tariffs.
- The company said profits surged 53.5% to ¥147.4bn (£694m) over the three months to June, substantially beating expert forecasts for ¥77.8bn.
- The company said sales of its Switch 2 console, which was released last summer, “maintained strong sales momentum”, while popular games like Yoshi and the Mysterious Book, Star Fox, and Pokémon Pokopia “performed steadily”.
Unverified
- Nintendo has reported a jump in profits, as the Japanese game maker’s earnings were buoyed up by a long-awaited refund on Donald Trump’s tariffs.
- The company said profits surged 53.5% to ¥147.4bn (£694m) over the three months to June, substantially beating expert forecasts for ¥77.8bn.
- The company said sales of its Switch 2 console, which was released last summer, “maintained strong sales momentum”, while popular games like Yoshi and the Mysterious Book, Star Fox, and Pokémon Pokopia “performed steadily”.
Sources: Guardian