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Nintendo reaffirms FY24 revenue view Y1.45T

Sees operating profit Y450B, profit per share Y292.04. The company said, “There are no changes to the original financial forecast for this period that was published on May 9, 2023. For hardware, by continuing to convey the appeal of Nintendo Switch, we try not only to put one system in every home, but several in every home, or even one for every person. Another objective is to continually release new offerings so more consumers keep playing Nintendo Switch even longer and we can maximize hardware sales. For software, we released Pikmin 4 in July, which will be followed by the release of Super Mario Bros. Wonder in October and Super Mario RPG in November. In addition, add-on content for Pokemon Scarlet and Pokemon Violet in the form of The Hidden Treasure of Area Zero is on the way. The first wave of this add-on content, The Teal Mask, is planned to be released in the fall of 2023, and the second part, The Indigo Disk, is planned for release in the winter of 2023. Other software publishers also plan to release a wide variety of titles, and we will work to invigorate the platform by supplementing existing titles with a continuous stream of new titles and add-on content.”

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