Nintendo posts Q1 loss, delays launch of accessory for Pokémon GO

(FILES) This file photo taken on July 20, 2016 shows the logo of Japanese gaming giant Nintendo displayed at a show room in Tokyo. Video game giant Nintendo said on July 27, 2016 it logged a huge first quarter net loss, despite global hoopla over the launch of Pokemon Go which came too late to boost figures. / AFP PHOTO / KAZUHIRO NOGI

TOKYO: Japan's Nintendo Co Ltd booked a quarterly operating loss on a sharply stronger yen and delayed the launch of an accessory for Pokémon GO, but hopes for long-term growth are running high on the mobile game's success. 

First rolled out only three weeks ago, the game which has players walking around real life neighbourhoods to catch and train Pokémon, has taken the world by storm, driving up Nintendo's market value by 50%.