The Limited Times

Now you can see non-English news...

Worried about Switch sales and exchange rates, Nintendo downgrades its annual forecast


The video game giant expects a 22.5% drop in net profit. He saw his sales fall by 5.6%.

Japanese Nintendo revised its forecast for its 2022/23 financial year downwards on Tuesday, due to weaker-than-expected sales of its Switch console in the first three quarters and less advantageous exchange rates than expected.

Read alsoIn France, the Nintendo Switch console surpasses Wii sales records

The video game giant now expects for its financial year which will end at the end of March a drop of 22.5% in its net profit, to 370 billion yen (2.6 billion euros), against 400 billion yen in its previous forecast last November.

He saw his sales fall by 5.6%.

More information to come...

Source: lefigaro

All news articles on 2023-02-07

You may like

Trends 24h


© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.