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Nintendo Sees Bigger Profit Decline on Faltering Switch Demand

  • Nintendo's profit declined 60% in the first half of the fiscal year due to waning demand for its Switch console, which is now eight years old.
  • The company reported a profit of 108.7 billion yen and sales slipped 34% to 523 billion yen .
  • Nintendo lowered its Switch sales forecast for the fiscal year to 12.5 million units from 13.5 million.
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