Lowers operating profit view to Y280M from Y360B. Lowers profit per share view to Y231.91 from Y257.68. The company said, “Although Nintendo (NTDOY) Switch hardware and software sales through the third quarter were below expectations, Nintendo Switch continues to be enjoyed by many people. Going forward, we will continue to release new offerings so even more consumers keep playing Nintendo Switch. Looking at software, we released Donkey Kong Country Returns HD in January and plan to follow up with the release of Xenoblade Chronicles X: Definitive Edition in March. Other software publishers also have plans to release a wide variety of titles, and we will strive to invigorate the platform by continually introducing new titles in addition to the existing titles. We have revised the financial forecast originally published on November 5, 2024, in consideration of the sales trend through the nine months ended December 31, 2024, prospects for the remainder of the fiscal year, as well as a reevaluation of the assumed exchange rate. We have also modified our Nintendo Switch hardware and software unit sales forecast for the fiscal year.”
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