Nikkei sags to 1-week low, Nintendo dives on loss forecast

TOKYO: Japan's Nikkei average dropped to a one-week low on Monday, tracking declines in US shares, while Nintendo Co Ltd plunged by nearly one-fifth after the game maker forecast an annual loss.

Nintendo slid as much as 18.5% to 11,935 yen – its lowest since Nov 8 – and was the most traded stock by turnover after the "Super Mario" creator said it now expects a full-year loss instead of a profit and slashed its Wii U sales forecast by almost 70%.