Nintendo says smartphone business will quadruple profits

January 18th, 2016, 21:34 Posted By: wraggster

The long-awaited debut on Nintendo on smartphones will have a dramatic effect on Nintendo’s profit, president Tatsumi Kimishima has said.
Its debut smartphone title Miitomo also remains on track for March, the exec had asserted.
The first fruits of Nintendo’s partnership with Japanese mobile publisher DeNA had been due out before the end of last year, but was pushed back to March. Now analyst Serkan Toto says that Nintendo president Tatsumi Kimishima has said in a 2016 roadmap published in Japan that March remains the launch date for its social communication app Miitomo.
Furthermore, apps featuring more recognisable and triple-A Nintendo IP are also due in 2016, a move he hopes will elevate Nintendo’s fiscal performance “to a new level”.
In fact, profits of ¥100bn is now the target within the next “several” years – a 400% jump on its most recent annual profit.
Also confirmed are plans to reveal new details about the company’s mysterious NX console, although there has not yet been any sign of whether this can be expected before, during or after E3.

http://www.mcvuk.com/news/read/ninte...rofits/0161336

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