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Nintendo cuts sales forecast

Hosted on MSN · 10h

Nintendo profit plunges 69% as it cuts forecast for sales of ageing Switch console

Investors are waiting for news surrounding a successor to the Switch which they hope will re-energize Nintendo's gaming business.

Nintendo cuts annual profit forecast 10% as Switch sales slow

Nintendo cut its operating profit forecast for the year to March 2025 by 10% to 360 billion yen ($2.36 billion) on Tuesday, as sales of its ageing Switch console lost steam.

Bloomberg L.P. · 21h

Nintendo Sees Bigger Profit Fall on Faltering Switch Demand

Nintendo Co. forecast a bigger profit decline for the full year after reporting its fifth straight quarterly profit decline on slowing demand for its aging Switch console.

The Associated Press - Business News on MSN21m

Nintendo Chief insists the Switch momentum will keep going, even after its successor

Japanese video game maker Nintendo's chief says its Switch console sales are still going strong, while he promised that a ...

Bloomberg L.P. on MSN1h

Nintendo Jumps as Investors Anticipate Next-Gen Console Reveal

Shares of Nintendo rose as much as 5% on Wednesday, the biggest intraday rise in a month, after the company reported its ...

20h

Nintendo Cuts Annual Profit Forecast by 10% as Switch Sales Slow

TOKYO (Reuters) - Nintendo on Tuesday cut its operating profit forecast for the year to March 2025 by 10% to 360 billion yen ...

1h

Nintendo Confirms Switch 2 Is Backward Compatible

Nintendo's President has confirmed the Switch 2 is backward compatible with Switch games and Nintendo Switch Online titles.

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