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Nintendo earnings get a bump from Zelda and Super Mario Bros. Movie

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Nintendo reported sales and profit figures above expectations for its second fiscal quarter ended September 30.
Nintendo reported sales and profit figures above expectations for its second fiscal quarter ended September 30.
The Japanese video game company said it continues to benefit from sales related to The Super Mario Bros. Movie released in April and its flagship The Legend of Zelda: Tears of the Kingdom game released in May. The movie has generated $1.36 billion in revenues to date at the box office.
Nintendo said it sold 6.84 million Switch consoles in the April to September period, up 2.4% year-on-year. The company is keeping its forecast of selling 15 million Switch hardware units through the end of the fiscal year in March 2024.
Nintendo also raised its sales and profit forecast for its current fiscal year. On revenue, Nintendo reported 334.9 billion Japanese yen ($2.2 billion) versus 317.

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