Nintendo Cuts Sales, Profit Forecasts on Weak Game Sales
Kyoto, Feb. 4 (Jiji Press)--Nintendo Co. said Tuesday it has cut its consolidated sales and profit estimates for the year ending next month because of lower-than-expected sales of its Switch video game console.
The Japanese company lowered its net profit projection from 300 billion yen to 270 billion yen, its sales forecast from 1.28 trillion yen to 1.19 trillion yen and its operating profit outlook from 360 billion yen to 280 billion yen.
(2025/02/04-22:09)
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