‘Mama mia!’: Trump tariffs refund ignites 53% profit spike at Nintendo
Quarterly profit jump fuelled largely by unknown US refund amount as Japanese video game giant records overall 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) over the three months to June, substantially beating expert forecasts for ¥77.8bn.
Reported by 1 outlet — The Guardian US. See all sources ↓
Read the full report at The Guardian US ↗
Why it matters
A world story we're tracking; its significance and source trust firm up as more outlets confirm it.
- What's the story?
- Quarterly profit jump fuelled largely by unknown US refund amount as Japanese video game giant records overall 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) over the three months to June, substantially beating expert forecasts for ¥77.8bn.
- How widely is it covered?
- 1 outlet, average source rating 8.0/10.
- When was it last updated?
- 13m ago.
How outlets are framing the same story
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- Coverage card1 outlet1CoverageScouting report
‘Mama mia!’: Trump tariffs refund ignites 53% profit spike at Nintendo
Sources1TypeCoverageThe Guardian US