Nintendo said Thursday its annual net profit soared 36.1 percent, thanks to immense popularity of its Switch console.
The Kyoto-based video game giant also announced it was appointing 46-year-old Shuntaro Furukawa, who currently oversees its marketing and other divisions, to be its next president.
Nintendo said its net profit for the year to March reached 139.6 billion yen ($1.27 billion), beating its own expectations after it has repeatedly raised annual targets.
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