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
Apple confirmed that it has bought face animation software firm Faceshift, although it was tight lipped about how it intends to use the new addition. The move is speculated as a bid to expand into virtual reality. Environment ministry of South Korea Thursday ordered Volkswagen Korea to recall 125,522 diesel vehicles on determining actual emissions of nitrogen oxides. The ministry has asked the German automobile maker to pay a fine of 14.1 billion Won or $12.31 million. The company has to submit a recall plan by January 6, 2016. The U.S. Food and Drug Administration has alerted health care professionals and patients of a voluntary recall of compounded multivitamin capsules containing high amounts of Vitamin D3 (Cholecalciferol), distributed nationwide by Glades Drugs in Pahokee, Florida. FDA has received reports of several...
comments powered by Disqus
Follow RTT