Sony has revealed the PlayStation Network made more money than Nintendo in the last year.
PlayStation 4
The technology giant has revealed its latest annual financial results for the 12-month period until March 31, with the figures showing that Nintendo - which was once the third-most valuable company in Japan - now makes less money than the PlayStation Network alone.
The PlayStation Network, which includes subscriptions and online purchases, made ¥529.1 billion (£3.4 billion) over the year.
By comparison, Nintendo made just ¥504.4 billion (£3.2 billion).
This comes shortly after Nintendo announced its new NX console will be released in March 2017.
Nintendo told shareholders and gaming enthusiasts that the much-anticipated NX console will feature a "brand-new concept".
In a statement, the Japanese firm said: "Nintendo said: "For our dedicated video game platform business, Nintendo is currently developing a gaming platform codenamed 'NX' with a brand-new concept. NX will be launched in March 2017 globally."
The company also announced that the new NX will not be demonstrated at the upcoming E3 video games conference, which is being staged in June.
Indeed, Nintendo has remained tight-lipped about its design so far.