Quick Facts
FONT-SIZE Plus   Neg
Share SHARE

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.

Click here to receive FREE breaking news email alerts for Nintendo Co. Ltd. and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Software giant Microsoft Corp. said Thursday after the markets closed that its first quarter profit fell 13% from last year, hurt mainly by integration and restructuring costs even as revenue surged 25% thanks to strong sales of its gadgets and cloud-based products. However, the company's quarterly earnings per share came in above analysts' expectations as did its quarterly revenue. After turning lower over the course of the previous session, stocks showed a substantial move back to the upside during trading on Thursday. The gains more than offset yesterday's loss, extending the recovery from the recent sell-off. Alaska Congressman Don Young, R-Ak., is once again making headlines with comments linking the state's high suicide rate to an increase in government assistance. Young told an audience at a senior center on Wednesday that the suicide problem didn't exist until there was "largesse" from the government.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.