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flag Nintendo reports a 43% profit drop but forecasts growth with Switch 2 launch and new store openings.

flag Nintendo reported a 43% drop in profit for the fiscal year ending March, totaling $1.9 billion. flag However, the company is optimistic about a turnaround with the release of its Switch 2 console in June, aiming to sell 15 million units. flag Nintendo expects a nearly 8% profit increase to $2.1 billion for the next fiscal year, along with a 63% rise in sales to $13 billion. flag The company is also opening a store in San Francisco and a Super Nintendo World in Orlando.

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