Nintendo has lowered its fiscal forecast for the current fiscal year. Due to the Nintendo Switch under selling by 1 million units the amount they had envisioned.

Nintendo believes its the lack of a big title, such as 2023’s The Legend of Zelda: Tears of The Kingdom, That 2024 hasn’t been as successful on their hardware sales. Despite Nintendo releasing ports and remasters of beloved Mario titles throughout the year, it seems that it didn’t have as big of an impact with the hardware as they envisioned it would. They have also commented that the Nintendo Switch is on its eight year, so it is difficult to encourage new people to purchase a Nintendo Switch if their extensive library hasn’t already convinced them. However, Nintendo looks forward to their next console’s release, the long awaited “Nintendo Switch successor.”

(Link to the article: https://www.gamedeveloper.com/business/nintendo-lowers-fiscal-forecast-with-switch-hardware-and-software-in-decline)