Nintendo's Raises Revenue Forecast For The Financial Year, Expects To Hit $5.34 Billion Profit

Operating profits have increased by 98%.

We're hearing some impressive figures from Nintendo's latest financial report this morning. It's brought us news that Animal Crossing: New Horizons has sold over 31 million copies and how the Switch has finally overtaken the 3DS' lifetime sales. Commendable sales numbers, without question, but some of you may be wondering; how are the financial figures looking?

For the nine months ending on December 31st 2020, Nintendo revealed it has already reached its annual net sales target, taking in ¥1.4 trillion / $13.4 billion. That's a 37% increase on 2019's equivalent period and overseas sales made up three-quarters of this, with Japan accounting for 22.4%. Nintendo's operating profits have jumped, too, witnessing a 98% increase from 2019 at ¥521.1 billion / $5 billion total.

Read the full article on nintendolife.com

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