The instant success of the handheld Nintendo DS helped offset the slumping sales of Nintendo GameCube game consoles.Īs already announced, Nintendo sharply raised its annual dividends for the just-ended fiscal year to Y270 from Y140 paid in the previous fiscal year.įor this fiscal year through March 2006, Nintendo forecasts a group net profit of Y75 billion on sales of Y520 billion. The product has liquid crystal display screens that enable users to control the movements of game characters by touching the screen with a stylus or with their fingertips. and Japan late last year and in March in Europe, Nintendo has registered sales of 5.27 million units, it said. Since the product was launched in the U.S.

Nintendo's mainline operations were supported by the successful launch of the Nintendo DS. As such, its earnings tend to fluctuate depending on the level of the foreign exchange rates at the end of each book-closing period.

Nintendo keeps a lot of its foreign earnings in foreign markets, particularly in dollar-denominated cash deposits, as doing so can generate larger interest revenue than in Japan where interest rates remain very low. Nintendo, the creator of popular game characters such as 'Super Mario', said it posted Y21.85 billion in foreign-exchange-related gains for last fiscal year, a sharp reversal from the Y67.88 billion foreign-exchange-related losses it booked a year ago. Results for the January-March quarter weren't available. The results are based on Japanese accounting standards.

Ds gaming device