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Stock impact report

Nintendo to announce Switch successor in this fiscal year as profits rise [Yahoo! Finance]

NINTENDO CO LTD UNSP/ADR (NTDOY) 
NASDAQ:AMEX Investor Relations: nintendo.co.jp/ir/en
Company Research Source: Yahoo! Finance
Japanese video-game maker Nintendo said Tuesday, May 7, 2024 that it will make an announcement about a successor to its Switch home console sometime before March 2025. (AP Photo/Hiro Komae, File) ASSOCIATED PRESS TOKYO (AP) — Japanese video-game maker Nintendo said Tuesday that it will make an announcement about a successor to its Switch home console sometime before March 2025. In reporting its financial results, Nintendo gave no details about the announcement, including about whether it would launch that successor product during this fiscal year, or just announce its plans for it. “We will make an announcement about the successor to Nintendo Switch within this fiscal year. It will have been over nine years since we announced the existence of Nintendo Switch back in March 2015,” the company's president, Shuntaro Furukawa, said in a statement. Kyoto-based Nintendo Co. reported a 13% rise in profit for the fiscal year that ended in March, boosted by solid demand for Switch sof Show less Read more
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