Nintendo keeps its full-year sales guidance as Switch 2 momentum continues
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Nintendo has maintained its full-year sales and profit guidance as it anticipates strong momentum for the Switch 2, expecting to sell 19 million units in the fiscal year ending March 2026. In its fiscal third quarter, Nintendo reported revenue of 806.32 billion yen, slightly below estimates, but net profit exceeded expectations. Despite a record high share price following the Switch 2 launch, Nintendo's stock has fallen over 30% recently, with investors concerned about rising memory prices and the strength of its game pipeline.
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