Nintendo cuts profit outlook


Revised profit: A man rides an escalator past an advertisement for Nintendo at an electronics store in Tokyo. The creator of Super Mario lowered its operating profit outlook for the year through March to 30 billion yen (US288mil) from a July estimate of 45 billion yen. — EPA

OSAKA: Japanese videogame maker Nintendo Co cut its annual profit outlook as income-eroding yen strength overwhelmed an earnings bounce from its popular Pokemon GO smartphone game.

The creator of Super Mario lowered its operating profit outlook for the year through March to 30 billion yen (US$288mil) from a July estimate of 45 billion yen.

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Business , Nintendo , outlook , earnings

   

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