Nintendo cuts FY profit forecast by 22%
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Nintendo has reduced its operating profit forecast for the financial year ending March by 22.2%, now expecting 280 billion yen ($1.8 billion).
February 04, 2025 | 7:00 am
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Nintendo has lowered its operating profit forecast by 22.2% for the financial year ending March, now expecting 280 billion yen ($1.8 billion).
The significant reduction in profit forecast by 22.2% suggests potential challenges in Nintendo's operations or market conditions, likely leading to a negative short-term impact on its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100