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"Nintendo reported a 42% decline in profits for the nine-month period ending December, with sales of its Switch console and game software also falling. The company lowered its full-year profit forecast to 270 billion yen ($1.7 billion), down from 300 billion yen ($1.9 billion). Despite this, Nintendo remains optimistic about its future prospects, citing the upcoming release of its Switch 2 console and the opening of Super Nintendo World in Orlando, Florida."
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