Nintendo has reported a net income two quarters in a row and is on pace to be profit positive for the fiscal year (ending March 31), but the money still isn’t rolling in like it was a few years go. After Nintendo’s last quarterly report, CEO Satoru Iwata said that he didn’t expect the company to report “Nintendo-like” profits until 2016. Iwata re-affirmed that stance in an interview today, stating that he expects small profits for the upcoming year, but that for the fiscal year of 2016 (ending March 31, 2017), he anticipates a net income of ¥100 billion, or around $840 million.

Source: Nikkei

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Ben Lamoreux

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