TOKYO -- Nintendo said Wednesday that it is "breaking away" from the video game platform business cycle, citing the game industry's nature that its performance tends to be affected by the life cycle of a console.
In an investor briefing on Wednesday, Nintendo announced that software played on the Switch will also be playable on the successor console. The company is set to make an announcement regarding the successor to its Nintendo Switch during this fiscal year, which ends in March, although the details of the new console will be revealed "at a later date."
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