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Hudson aims for 400% profit increase through Wii focus

Monday, 7th April 2008 05:48 GMT By Patrick Garratt

According to this Bloomberg report, Hudson’s planning to increase its profits fourfold in the coming three years by focusing on Wii software, aiming for operating profit of 10 billion yen ($98 million) by March 2011

“The game-software industry is one of the sectors that will lead corporate earnings this fiscal year,” said Yoshihiro Okumura, of Chiba-gin Asset Management Co. in Tokyo. “In particular, companies related to Nintendo have a lot of room for profit growth.”

Hudson will release eight Wii games this year, according to that piece. More numbers through the link.

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