The gaming giant is maintaining its net profit forecast of ¥310 billion for the full year despite the quarterly drop.
Nintendo reported a drop in quarterly net profit on Thursday as unit sales slowed for its Switch 2 console, but the Japanese gaming giant is maintaining its annual forecasts. A remake of 1990s action-adventure classic “The Legend of Zelda: Ocarina of Time,” which comes out Thursday, has sparked nostalgic fan excitement. But market analysts will be watching to see how much the title can boost sales of the Switch 2, which became the world’s fastest-selling games console on its 2025 release.
Extract — continue reading at the source.
Related stories
England’s Harry Kane extends Bayern Munich contract until 2029
Not just Congress: Democrats’ blue wave washes over state legislatures across US
Reproductive rights protected in several states by midterm election ballot measures
A month after Yemen government offensive began, war of attrition takes hold
NTT Docomo faces network glitches
US sanctions Indian and Turkish firms accused of helping Iran