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.
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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...
