Nintendo Co. said Friday its net profit for the current fiscal year through next March is expected to fall 26.9 percent from a year earlier to 310 billion yen ($2 billion), partly due to slower sales of Switch 2 gaming consoles following a planned price hike.The estimate comes after the gaming giant booked record-high sales of 2.31 trillion yen for the year ended March, surging 98.6 percent from a year earlier thanks to the popularity of the console launched in June last year, its first new gaming device in more than eight years.The company also announced Friday plans to raise the retail pr…READ FULL ARTICLE
