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Nintendo raises profit forecast but cuts Switch sales outlook

Nintendo raised its full-year profit forecast Thursday, citing strong performances by recent game releases, but it again cut its sales target for the Switch over global supply chain problems. The Japanese giant posted its highest-ever annual profit in 2020-21, buoyed by a surge in gaming as the coronavirus pandemic forced people indoors. Even as restrictions ease, Nintendo
Amir Anvarzadeh Hideki Yasuda Mio Kato Ace Research Institute Lightstream Research Switch Lite

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