Nintendo profits rise 23% below estimates amid US trade restrictions

Japanese company Nintendo's profits rose by 23%, below market estimates, after the US imposed new trade restrictions. Despite revenue growth, the company's results missed analyst expectations.

Japanese company Nintendo's profits rose by 23%, a figure below market estimates, after the United States imposed new trade restrictions. Despite the increase in revenue, the company's results failed to meet analysts' expectations. Nintendo is facing challenges in the competitive video game market. The company continues to invest in the development of new games and consoles.

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