TOKYO – Japanese video game maker Nintendo Co. reported Thursday a 29% rise in quarterly profit, as its earnings got a lift from solid demand for the Switch console during the year-end shopping season.
Kyoto-based Nintendo's October-December profit totaled 134 billion yen ($1.2 billion), up from 104 billion yen the same period a year earlier.
It raised its full year Switch sales forecast to 19.5 million machines, up from 18 million projected earlier.
The Switch is a hybrid game machine that works both as a console and a tablet. More than 52 million Switch consoles have been sold since sales began about three years ago.
That number includes the handheld Switch Lite, launched in September, which is a compact and lightweight version, meant for on-the-go playing.
Nintendo, which makes Super Mario and Pokemon games, said Switch game software like “Pokemon Sword” and “Pokemon Shield” have sold briskly, as well as “Luigi's Mansion 3” and “Super Mario Maker 2.”
It also said Nintendo Switch sales in China, which began recently, also helped results.
Nintendo said it will continue to offer games for mobile devices, not just its own consoles like the Switch and 3DS, to attract more consumers.