The Pokémon Company celebrates 2450 per cent profit increase after Pokémon Go, Sun and Moon

Jack Ridsdale

By Jack Ridsdale

June 5th 2017 at 11:12AM
UPDATED June 5th 2017 at 12:54PM
The Pokémon Company celebrates 2450 per cent profit increase after Pokémon Go, Sun and Moon

The firm's latest financial report shows a massive boost in profits thanks in large part to the runaway success of mobile app Pokémon Go.

The Pokémon Company has released its latest financial earnings report this week, revealing a massive growth in profits, $143.3m in the last fiscal year, to be exact.

To put this in perspective this represents a 2458 per cent increase over the previous year - a whopping 26x higher than The Pokémon Company's previous net sales report. 

This success is no doubt due in large part to the launch of mobile app Pokémon Go, which reached phenomenon levels of users, as well as high sales for the latest editions to the mainline Pokémon video game series Pokémon Sun and Moon, which has sold 15.44m units by the end of March. Pokémon continues to dominate the toys space as well with products ranging from plush toys to the globally successful Pokémon Trading Card Game.

The report was translated by Kantan Games' CEO Dr Serkan Toto, and also notes that the Pokemon Company's rise in profits also helped Nintendo's recent fiscal earnings.