Published , by Ozzie Mejia
Published , by Ozzie Mejia
Over six months have passed since The Super Mario Bros. Movie debuted worldwide. However, it continues to make a lot of money for Nintendo (NTDOY), not just through its own sales, but also through sales of related mobile/IP-related income. Over the first half of Nintendo's 2024 fiscal year, mobile/IP related income growth for the company has hit 133 percent.
"In the mobile and IP-related business, sales totaled 55.0 billion yen, up 133.3% year-on-year, bolstered mainly by the generation of revenue related to The Super Mario Bros. Movieduring this term," reads the Nintendo Q2 2024 earnings report.
While Nintendo didn't specify what this entails, it likely relates to the company's library of Mario-related mobile titles. This includes Mario Kart Tour, which just crossed the finish line on content updates, as well as Super Mario Bros. Run, which is in the middle of a special event to celebrate the release of Super Mario Bros. Wonder. IP-related income, meanwhile, is likely in reference to some of Nintendo's miscellaneous ventures. This includes Super Nintendo World in both Japan and the United States.
We're continuing to follow The Super Mario Movie and its effect on Nintendo's sales. Follow our NTDOY topic page for the latest updates on the company's financial quarter.