Nintendo said Thursday it swung to $350 million annual profit thanks to a weak yen and upbeat sales of its Wii U console, but the Japanese videogame giant said its bottom line would shrink this year.

The Super Mario creator reported a 41.8 billion yen ($350 million) net profit for the fiscal year to March, reversing a loss of 23.2 billion yen a year earlier, while it forecasted a 35 billion yen net profit for the current fiscal year.