Nintendo Raises Annual Profit Forecast on Weaker Yen, Sells 6.68 Million Switch Unit in Six Months

Nintendo on Tuesday raised its annual profit forecast by 18 percent, as the company offset slower-than-expected Switch console sales on the back of a weaker yen. The game maker says that it expects to earn a net profit of JPY 400 billion (roughly Rs. 22,200 crore) for the year to March 2023.