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Nintendo lowers forecast
February 7th, 2023 - 07:58 GMT

Nintendo lowers net profit forecast

ALBAWABA — Nintendo lowered its full-year net profit forecast on Tuesday, saying the global chip shortage and other supply chain problems had hit console sales through its third quarter as electronics makers face a tough global macroeconomic environment. The Japanese gaming giant lowered its net profit forecast for its fiscal year ending March 31 to 370 billion Japanese yen, from 400 billion yen, in part from lower than anticipated performance ...
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