Nintendo Co. this week recorded a $71 million profit in the fiscal year despite slower sales of the Wii U console hardware.

For the year ending Mar. 31, 2013, the company held a net profit of $71.7 million, up from a $531 million loss the year prior.

In addition, it held an operating loss of $366 million for the fiscal year.

Nintendo sold 3.45 million Wii U consoles by Mar., lower than the four million target forecast. It expects the Wii U to sell nine million units by the next fiscal year and 38 million Wii U software units due to a strong second-half lineup.

The company forecasts 18 million Nintendo 3DS units sold and 80 million units of 3DS software sold this fiscal year.

Nintendo will release new franchise titles to drive Wii U sales, including a new Mario 3D title, Mario Kart, Mario Party, and The Legend of Zelda The Wind Waker remake.

In Apr., it said the Nintendo 3DS has sold 20 million physical game units in the U.S. lead by new releases including Luigi’s Mansion: Dark Moon, Pokemon Mystery Dungeon: Gates to Infinity, and Fire Emblem: Awakening.

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