Nintendo: Operating profit forecast lower than market forecast for the current term-Stock prices low for the first time in three months
Nintendo: Year-end operating profit forecast
The consolidated operating income forecast for the current term (ended March 31, 2020) was lower than the market forecast.
Nintendo: Stock prices falling
Nintendo shares temporarily lost 5% from the previous day.
It has fallen to 40,170 yen, down from 5.1% on April 26 last year.
The closing price fell 3.6% to 40,770 yen, the lowest price in three months since October 31, 2019.
Profit target: increase
The consolidated operating income forecast for the current term has been revised upward to 300.0 billion yen, up 15% from the previous year.
Sales target: upward revision
Switch body: Increased to 19.5 million units (previously 18 million units)
Sales of software increased to 140 million (conventionally 125 million).
Bloomberg
https://www.bloomberg.co.jp/news/articles/2020-01-31/Q4Y0GTDWRGG001
Nintendo Switch overtakes 1990s SNES console in sales – BBC News