Nintendo Slips To Loss In FY11 - Quick Facts

4/26/2012 3:24 AM ET

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.

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by RTT Staff Writer

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