Nintendo announces hike in annual net profit, sales forecasts

Business & Finance
3 Feb 2022 • 3:23 PM MYT
Malay Mail
Malay Mail

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A Nintendo logo is pictured at a store for Japanese games giant Nintendo in Tokyo, February 3, 2022. — AFP pic

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TOKYO, Feb 3 — Nintendo raised its full-year net profit forecast to ¥400 billion (RM14.6 billion) today, predicting strong software sales for its blockbuster Switch console.

The Japanese gaming giant also hiked its sales forecast for the year to March 2022 to ¥1.65 trillion, up from a previous estimate of ¥1.60 trillion. — AFP pic

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