Nintendo is replacing Kimishima as president

Nintendo is replacing Kimishima as president

Nintendo is replacing Kimishima as president

"On the software end, Super Mario Odyssey has been a major hit with audiences worldwide, and sold 10.41 million units", it said, adding that Switch software sales reached 63.51 million units this fiscal year.

The company made around 177,557 million yen in profit during this financial year.

Nintendo has released their latest earnings report, and there's some impressive numbers for the Switch, which is now just over a year old.

Those who were expecting The Legend of Zelda: Breath of the Wild to claim the second spot on Nintendo's software chart are in for a bit of a shocker, as Mario Kart 8 Deluxe is actually the game in second place with 9.22 million units sold. Yoshiaki Koizumi, Takashi Tezuka, and Hajime Murakami will all be joining the board in June as the Switch is suddenly making the company feel young again with its success. In his place will be 46-year-old Shuntaro Furukawa, who joined Nintendo in 1994 and is now in charge of the hardware giant's global marketing team. The device, which popularized the gaming console for the masses, was sold as the Nintendo Entertainment System in the US and other places. If achieved, it would be Nintendo's highest operating profit since the year ended March 2010. "He is fluent in English".

"We will develop the company to its fullest", Furukawa said at a news conference in Osaka. "He may be the ideal person to fill the communication gap that exists between Nintendo and investors". Here are the nine best selling games on Switch. Coupled with this, with Mega Man Legacy Collection, Mario Aces, Captain Toad: Treasure Tracker and Donkey Kong: Jungle Freeze all due in the next few months, the list of AAA titles for the Switch is looking very strong. Despite his relative youth, Furukawa says that he will "balance Nintendo's traditions: originality and flexibility" and that he "grew up playing the Famicom and come (s) from that generation".

Nintendo's released its first full financials after the Switch's release in March past year, and the system has done unbelievably well. Finally, Nintendo's mobile games business, which now has Super Mario Run, Fire Emblem Heroes, and Animal Crossing Pocket Camp, saw a 64% year-on-year rise to 39.3 billion yen (£25 million).

Nintendo Co. topped quarterly profit estimates as more people snapped up its Switch gaming machine, and announced a new president to take the helm of the game maker.

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