Exercise 2Article
Read the article aloud on your own or repeat each paragraph after your tutor.Nintendo Profits Soar 85% on Switch 2 SalesOn November 4, Japanese video game maker Nintendo said its sales more than doubled after the launch of its hit Switch 2 console in June, while its net profit jumped 85% in April-September from the year before.
Nintendo, based in Kyoto, said its profit for the half-year was 198.9 billion yen, or $1.3 billion, up from 108.6 billion yen ($705 million) the year before.
Sales for the first half of this fiscal year increased to nearly 1.1 trillion yen ($7.1 billion), up from 523 billion yen ($3.4 billion) over the same time in 2024.
Nintendo's video game sales were strong, but with no new movies it didn't get as much money from its content business.
Nintendo raised its profit forecast for the full fiscal year through March 2026 to 350 billion yen, or $2.3 billion. Previously, it had expected profits of 300 billion yen, or $1.9 billion.
It also raised its forecast for Switch 2 console sales to 19 million units, up from an earlier forecast of 15 million.
Nintendo says it sold more than 10 million Switch 2s by the end of September. Popular Switch 2 games include Mario Kart World and Donkey Kong Bananza.
Sales of the older Nintendo Switch have fallen, but Switch game sales are still strong, because they can be played on Switch 2 consoles.
The Switch 2 sells for just under 50,000 yen, or about $325, in Japan. It's $450 in America.
Analysts expect Nintendo's earnings to stay strong during the December holiday season, when the company tends to do well. They also expect key new games in the Pokemon and Kirby franchises.