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The latest Nintendo financial report has been released, and it’s not the most positive news. Hardware and software sales are down, leading to a reduction in sales forecasts for the year. Despite this, Nintendo still expects to sell millions of Switch consoles and games by the end of the financial year.

The company’s success is still evident, with popular titles like Tears of the Kingdom and the Super Mario Bros. Movie contributing to overall sales. Additionally, the Switch’s extensive library of games continues to attract players, with titles like Mario Kart 8 Deluxe still selling well after all these years.

While the current results may not be as strong as hoped, there is anticipation for the upcoming release of Rhythm Heaven Megamix DX, which could provide a much-needed boost to Nintendo’s performance. A new hardware reveal is also on the horizon, with plans for a Switch successor to be unveiled in the coming years.

Overall, Nintendo is facing challenges in the current market, but with exciting new releases and potential hardware updates on the horizon, the company remains hopeful for the future. Investors and fans alike are eagerly awaiting what Nintendo has in store next.