TOKYO: Nintendo said on Friday it expects to sell 16.5 million Switch 2 units in the financial year ending March 2027 and for operating profit to rise 2.7% to 370 billion yen ($2.36 billion).
* Nintendo sold 19.9 million Switch 2 units in the financial year ended March 31.
* Nintendo revises manufacturers' suggested retail prices of Japanese-language Switch 2 to 59,980 yen from 49,980 yen.
* Also planning price increases for Switch 2 in U.S., Canada and Europe, effective September 1.
* Nintendo reported annual operating profit rose 27.5% to 360.1 billion yen last financial year, below analyst estimates.
* Investors are concerned about the potential impact of the memory price surge on margins.
* Switch 2 games pipeline is seen as thin.
* Concerns have weighed on Nintendo's shares.
* Nintendo has scored a hit with "Pokemon Pokopia".
* Latest "Super Mario" movie is popular with audiences despite critical drubbing. - Reuters
