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Sega trims profit forecast

Japanese games publisher Sega slashed profit estimates for the current fiscal year Thursday, blaming poor sales of its "NFL2K3" football game and other major titles. The company said it now expects to make $41.2 million (5 billion yen) for the year, which ends March 31, compared with previous estimates of $148.4 million.

Sega transformed itself into a software-only company last year after halting production of its money-losing Dreamcast console. The company has set a goal of becoming the leading independent publisher of games software, a distinction currently held by Electronic Arts.