The Kyoto-based company reported operating profit of ¥185.44 billion ($1.3 billion), surpassing analyst estimates and its previous April-June quarterly high of ¥144.7 billion, set in 2020. Sales were ¥461.34 billion, significantly up from the year-earlier result of ¥307.5 billion.
“The Zelda game has legs and will continue to sell well through 2024,” said industry analyst Serkan Toto. “For the Mario movie, Nintendo was apparently able to squeeze more revenue out of its deal with partner Illumination than the typical Hollywood standard.”
