Nintendo Announces Successor to Switch Console, Reports Strong Profits and Outlines Future Plans

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Nintendo Announces Successor to Switch Console, Reports Strong Profits and Outlines Future Plans

Nintendo Announces Successor to Switch Console

In a recent financial report, Japanese video game giant Nintendo announced plans to reveal details about its successor to the popular Switch console before March 2025. The company, however, remained tight-lipped about specifics, including whether the new console would launch within the current fiscal year or if only its plans would be unveiled.

"We will make an announcement about the successor to Nintendo Switch within this fiscal year," stated Nintendo president Shuntaro Furukawa. "It will have been over nine years since we announced the existence of Nintendo Switch back in March 2015."

Tears of the Kingdom." The company's net profit reached 490.6 billion yen ($3 billion), up from 432.7 billion yen in the previous year. Annual sales also rose by 4% to 1.67 trillion yen ($11 billion), with nearly 80% of that revenue generated outside of Japan.

Tears of the Kingdom" led the software sales charge with 20.6 million units sold globally, followed by "Super Mario Bros. Wonder" at 13.4 million units and "Pikmin 4" at 3.5 million units. The release of "The Super Mario Bros. Movie" also contributed to the sales boost.

Despite the positive financial results, Nintendo offered a less optimistic outlook for the fiscal year ending in March 2025, forecasting a net profit decline to 300 billion yen ($1.9 billion).

To maintain momentum, Nintendo is focusing on delivering a steady stream of engaging games. "Endless Ocean Luminous," released this month, immerses players in a virtual scuba diving experience, while "Luigi's Mansion 2," featuring Mario's brother, is set to launch next month.

Additionally, Nintendo is venturing into the film industry with a new movie scheduled for worldwide release in April 2026. The company also aims to attract more fans with the opening of Donkey Kong Country in Universal Studios Japan and a Nintendo museum in Kyoto, both planned for later this year.