He added that Furukawa has also contributed to software development at Nintendo during his time there, and was involved in the making of the Switch. Nintendo is forecasting that it'll sell an additional 20 million units this fiscal year - and 100 million games.
Its operating profit saw a six-fold increase to 177.6 billion yen, and its sales more than doubled from the previous year, to 1.056 trillion yen.
The strong results and robust outlook underscore Nintendo's confidence that it has worked out the Switch's first-year production kinks and can attract buyers from beyond the hybrid console's core base.
The success of the Switch drives up profits in an incredible jump. The 46-year-old Furukawa is 22 years younger than Kimishima, which could result in a significant cultural shift towards a Nintendo that's even more in tune with the average gamer. The 46-year-old Furukawa has experience with Nintendo since 2012 and now serves on the boards of both Nintendo and The Pokémon Company.
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Outside of the Nintendo Switch, the Nintendo 3DS is still doing well for itself with a total of 6.4 million consoles sold, and Pokémon Ultra Sun & Ultra Moon selling 7.51 million. Nintendo had sold 15.05 million units in the fiscal year ending on March 31.
Kimishima has served as the company's president since September 2015, at which time he succeeded Satoru Iwata upon the latter's death in July of that year. Furukawa is known as a very intelligent person who is even able to speak fluent English. "We will develop the company to its fullest", he said.
Nintendo also revealed that the upcoming traditional Pokemon RPG for the Switch will be released in "2018 or later".
Nintendo has been on a winning streak, with its Switch console flying off the shelves since its launch a year ago.