Nintendo Posts First Operating Profit in Four Years
According to their latest financial report, Nintendo has posted an operating profit of 24.8 billion yen ($208 million) for the fiscal year, a huge improvement from last year's $390 million operating loss. Although their revenue continues to decline, the company seems to be recovering from a four-year long rut.
The Time attributes these good results to Nintendo's recent high-profile releases including Super Smash Bros. 4, Pokemon ORAS and Mario Kart 8, the current Wii U best-seller. I myself would like to add that Amiibos turned out to be big money-makers for the company and they probably helped Nintendo turn over a New Leaf, pun intended. Here's for hoping Nintendo continues on their road to recovery and becomes consistently profitable once again.
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