Nintendo has cut its fiscal-year forecast for Switch console sales by 10% to 19 million after reporting earnings in line with expectations.
The Kyoto-based company said its operating profit was ¥118.7 billion ($809 million) in the quarter that ended in September, up from ¥100.2 billion in the same period a year ago. The consensus estimate was for a profit of ¥117.6 billion.
The company revised up its net income forecast for the year, pointing to the weaker yen as a key reason, but kept its full-year operating profit forecast of ¥500 billion.
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