https://wccftech.com/nintendo-q1-results-targets-smashed-led-by-software-and-switch-sales/

Nintendo (TYO:7974) have reported their Q1 8 for the financial year ending 2019, and it’s looking good. Original expectations, according to Thompson Reuters I/B/E/S, operating profits were forecast at ¥22 billion. Nintendo has smashed this target and seen an 88% year-on-year operating profits.

For the Quarter running April 01 to June 30th, Nintendo has posted operating profits of ¥30.5bn compared to last years ¥16.2bn. This is a considerable growth when you consider that net sales haven’t grown even close to that level. Net sales this year were ¥168.1bn, a 9% YOY increase from last years ¥154bn.