Nintendo gets a £693m power up after landing a hefty refund from Trump's trade tariffs

The Japanese firm reported a profit of £693m for the six months to June, 54% higher than the previous year despite a 9.5% decline in sales to £2.4bn.

Profit jump fuelled largely by unknown US refund amount as Japanese video game firm records quarterly sales drop Nintendo has reported a jump in profits, as the Japanese game maker’s earnings were buoyed up by a long-awaited refund on Donald Trump’s tariffs. The company said profits surged 53.5% to ¥147.4bn (£694m) ove

Nintendo has smashed its first-quarter earnings estimates for the fiscal year, bolstered by strong games sales and US tariff refunds, though its customers likely won't receive anything from the latter. In its latest financial results, Nintendo reports that operating profits soared to 142.5 billion yen (about $902 milli

The Kyoto-based company posted net income of ¥147.4 billion for the June quarter, compared with an analyst consensus estimate of ¥77.8 billion.