Mario like Mickey? Nintendo banks on profits from characters

  • 📰 AP
  • ⏱ Reading Time:
  • 51 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 51%

Gaming Gaming Headlines News

Gaming Gaming Latest News,Gaming Gaming Headlines

Will Mario follow in the steps of Mickey Mouse? Japanese video game maker Nintendo Co. says it is bullish about profiting from its characters by mirroring the historical appeal of the Disney franchise, yurikageyama reports.

In this Jan. 23, 2020, photo, a traveler walks past a propaganda featuring Nintendo character at Narita airport in Narita, near Tokyo. Japanese video game maker Nintendo is reporting a 29% rise in quarterly profit on solid demand for its Switch console during the year-end shopping season.

“We are thinking about the Nintendo brand that way,” said the company’s game designer, Shigeru Miyamoto. He stressed that Nintendo characters have an extra, interactive element because they originate from video games.Nintendo has been banking on its intellectual property. Its own branded store and event space in Tokyo has opened recently, and a Nintendo park is set to open at Universal Studios Japan in Osaka, central Japan, later this year.

With October-December profit at 134 billion yen , up from 104 billion yen a year earlier, it raised its full year Switch sales forecast to 19.5 million machines, up from 18 million projected earlier.Nintendo said it continues to see opportunities for growth from the handheld Switch Lite, launched in September, which is a compact and lightweight version of the Switch meant for on-the-go playing.

Miyamoto said one strength of Nintendo products was that grandparents are playing with their grandchildren, highlighting a wide age range of users.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

yurikageyama Nintendo could do it!

yurikageyama Mirroring Disney intellectualproperty and trademark abuse around publicdomain eh

yurikageyama Disney keeps many animals in cages. Even elephants born there who will only know prison. Skip them.

yurikageyama Mirroring a franchise which itself borrowed from others is a good way to water down your product's appeal

yurikageyama More kids these days already know Mario and Yoshi over Mickey Mouse and Donald Duck

yurikageyama I would think they may need some more well known IP’s to get on Disney’s level.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 728. in GAMİNG

Gaming Gaming Latest News, Gaming Gaming Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Nintendo profits up on healthy Switch demand for ChristmasNintendo Co. reported a 29% rise in quarterly profit, as its earnings got a lift from solid demand for the Switch console during the year-end shopping season.
Source: ABC - 🏆 471. / 51 Read more »

The Outer Worlds Comes to Nintendo Switch in MarchPrivate Division announced Thursday that 'The Outer Worlds' is launching on Nintendo Switch.
Source: PasteMagazine - 🏆 392. / 55 Read more »

Nintendo CEO says no new Switch model this yearNintendo Co Ltd CEO Shuntaro Furukawa said on Friday the gaming company has no p... Waiting for the day when Disney figures out that Nintendo is the next piece of the puzzle they need for market domination in multimedia.
Source: Reuters - 🏆 2. / 97 Read more »