Nintendo's net profit rose by 18% to 408 billion yen, with a 13.1% increase in operating profit and a 7.7% sales increase for the nine months ending in December 2023.

The game 'Super Mario Bros. Wonder' significantly contributed to profit growth, with over 10.7 million units sold since its October release.

A weak yen has positively affected Nintendo's profits by increasing the value of overseas revenue.

Nintendo revised its fiscal year forecast, projecting a 4.8% profit increase to 440 billion yen and expecting to sell 15.5 million Switch units.

The company is expanding its focus to mobile gaming and intellectual property licensing, which has nearly doubled in revenue.

While confirming the Switch as its main focus, Nintendo did not announce a successor to the console but hinted at an upgraded model.

Nintendo Switch has set a record as the best-selling gaming system in Japan and is approaching global sales of the Nintendo DS, with 139.36 million units sold.

Nintendo's stock has increased by 30% over the past year, buoyed by strong financial performance and the success of key game titles and potential hardware updates.