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Revised profit target within reach, says president

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Attendees walk past Nintendo's Super Smash Bros. signage at the 2014 Electronic Entertainment Expo, known as E3, in Los Angeles, California in June, 2014.   © Reuters

OSAKA -- Satoru Iwata, president of video game maker Nintendo, in a recent interview with The Nikkei, expressed confidence his company would meet its newly lowered operating profit target for the fiscal year ending in March.

Satoru Iwata, president of Nintendo

Q: Nintendo in January downgraded its forecast group operating profit for fiscal 2014 to 20 billion yen ($165 million), half its original prediction. What is your latest outlook?

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