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Soundwave said:

Unless something disastrous happens in Q4, especially with the yen easing, Nintendo should comfortably make a small profit (by their standards) this fiscal year though.

3DS is maybe not selling as well as they want but clearly selling enough to drive a good amount of profit. Those NSMB2 sales are nothing to scoff at.

With Dragon Quest VII, Luigi's Mansion 2, Tomadachi Collection 2, Megaten, Monster Hunter 4, and Pokemon X/Y, they got Japan on lock down this year. I imagine a Zelda 3DS or Donkey Kong Country 3DS could happen this year too.

Operating Income loss of 20 million yen, net income of 14,000 yen for year-end forecast.

Bascially, they are not profitable at the moment by selling video games, they are currently catching a break with the weaker yen and will post a profit because of the it.