“The Switch production situation has now completely recovered”.
Nintendo has defied tradition to raise its financial forecasts midway through the current fiscal year, citing increased demand for Switch hardware and software during a period which has been marked by the ongoing COVID-19 pandemic.
Nintendo is now confidently predicting that it will make 450 billion yen ($4.3 billion) of operating profit for the current financial year – a 50% boost from its previous projection of 300 billion yen. Revenue is forecast to hit 1.4 trillion yen (up from 1.2 trillion yen) while Switch hardware sales for the year are estimated to surpass the previous target of 19 million and instead hit a very respectable 24 million units.
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