Nintendo hikes profit forecast as Switch battles on

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Paris Games Week (PGW) trade fair for video games in Paris

An attendee uses a Nintendo Switch game console while playing a video game at the Paris Games Week (PGW), a trade fair for video games in Paris, France, November 5, 2023. REUTERS/Claudia Greco/File Photo Acquire Licensing Rights

TOKYO, Nov 7 (Reuters) - Nintendo (7974.T) sold 6.84 million Switch units in the first six months of the financial year, it said on Tuesday, a slight increase on the 6.68 million units it sold in the same period last year.

The Kyoto-based gaming firm maintained its full-year forecast for the console of 15 million units, which would be a 16.5% decline on a year earlier.

Nintendo has extended the lifecycle of its Switch console, now in its seventh year in the market, through a series of heavy-hitting games.

Critically acclaimed titles this year include "The Legend of Zelda: Tears of the Kingdom", which went on sale in May, and "Super Mario Bros. Wonder" which launched in October.

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Nintendo's broad pop culture appeal has also been underscored by the success of a Super Mario Bros. movie.

This year has been a stand-out one for the release of new games across the industry, after the pandemic caused widespread disruption to development.

Nintendo's line-up for the critical year-end shopping season will likely also be bolstered by some new additions including "Super Mario RPG", which launches on Nov. 17.

Reporting by Sam Nussey; Editing by David Dolan

Our Standards: The Thomson Reuters Trust Principles.

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