Nintendo Turns to Profit on Hit Game Splatoon, Weaker Yen

Nintendo Co. returned to profit helped by sales of the new Splatoon game and the weaker yen in the last quarterly results overseen by President Satoru Iwata before his death.

Net income was 8.28 billion yen ($67 million) in the three months ended June, compared with a loss of 9.9 billion yen a year earlier, the Kyoto, Japan-based company said. That compares with the 362 million-yen average profit of five analysts’ estimates compiled by Bloomberg.