Nintendo Raises Annual Profit Forecast on Weaker Yen, Sells 6.68 Million Switch Unit in Six Months

Nintendo Raises Annual Profit Forecast on Weaker Yen, Sells 6.68 Million Switch Unit in Six Months

Nintendo raised its annual profit forecast by 18 percent on Tuesday as a softer yen helped the Japanese videogame maker offset slower-than-expected Switch console sales. The company, which earns about 80 percent of its revenues overseas, expects its net profit to come to JPY 400 billion (roughly Rs. 22,200 crore) for the year to March …

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