FONT-SIZE Plus   Neg

Nintendo Slips To Loss In FY11 - Quick Facts

Nintendo (NTDOY.PK) posted fiscal year 2011 consolidated net loss of 43.2 billion yen or 337.86 yen per share versus profit of 77.62 billion yen or 606.99 yen per share a year ago.

Net sales declined to 647.65 billion yen from 1.01 trillion yen last year.

Looking ahead to the fiscal year ending March 31, 2013, the company projects net income of 20 billion yen, on net sales of 820 billion yen.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Software giant Microsoft Corp. (MSFT), Tuesday reported a profit for the first quarter that trumped analysts' estimates, as CEO Satya Nadella's strategy seems to be working reflected by strong growth in cloud business. Microsoft stock spiked up over 5 percent in after hours trading. Redmond, Washington-based... In order to make Facebook more user-friendly, the social media giant introduced a few attractive new features. Recommendation tool, call-to-action buttons, and new section pages are expected to attract more users in a world where there are more mobiles than human beings. Starbucks Coffee Co. said Thursday that it plans to open a Reserve Roastery in Japan in 2018. This will be the coffee giant's fourth Roastery location globally. The new location will be located in Tokyo's upscale Nakameguro district, known for its exclusive boutiques and art galleries.
comments powered by Disqus
Follow RTT