TOKYO (Reuters) – Nintendo on Tuesday cut its operating profit forecast for the year to March 2025 by 10% to 360 billion yen ($2.36 billion), as its ageing Switch console loses steam.
The Kyoto-based gaming company sold 4.7 million Switch consoles in the first half of the financial year. That compares with 6.8 million units sold in the same period a year earlier.
Nintendo lowered its full-year sales forecast for the console, which is in its eighth year on the market, by 7% to 12.5 million units.
($1 = 152.3400 yen)
(Reporting by Kiyoshi Takenaka; Editing by Muralikumar Anantharaman)
Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibilty for its content.