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Media & Entertainment

Nintendo hits record as world plays games during pandemic lockdown

Gaming giant posts 427% rise in operating profit as demand for 'Animal Crossing' surges

A screen showing characters from the Animal Crossing series video game is seen at a Nintendo store in Tokyo on June 10.   © AFP/Jiji

TOKYO -- Nintendo posted its highest ever operating profit for the April-to-June quarter, logging a 427% rise to 144 billion yen ($1.3 billion), the Japanese gaming giant said on Thursday, as lockdowns and other social restrictions brought on by the coronavirus led to a surge in demand for its popular Switch console and game titles.

Net profit for the period reached its highest level since 2008, jumping 541% to 106 billion yen, while revenue doubled to 358 billion yen.

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