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Switch flips the script for Nintendo

Pessimism gives way to optimism over hit console -- at least for now

Nintendo aims to sell 10 million Switch game consoles in the year through next March.

OSAKA -- With its bullish targets for the current fiscal year, Nintendo has sent a clear message: It's back. But analysts say the real test for the company -- building on the early success of the new Switch game console -- is still to come. 

On April 27, Nintendo announced a consolidated operating profit target of 65 billion yen ($576 million). That would mark a 120% increase over the year-earlier figure. The company is also shooting for a 53% increase in consolidated revenue, to 750 billion yen.

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