RPGFan


Nintendo Lowers 2003/2004 Profit Outlook
04.01.04 - 10:26 AM

Nintendo has announced an updated financial forecast for its fiscal year 2003/2004, which ended yesterday. Due to high-valued yen, the company's loss on curreny exchange has more than doubled, to reach a total of 68 billion yen ($651.53 million US). According to figures released today, this will result in a projected net profit of 33 billion yen ($316.18 million US), or a decline of 38.9% decline compared to previous estimates. In line with expections, Nintendo still expects sales of 510 billion yen ($4.89 billion US) for the full fiscal year.


Back
Chris Winkler





Featured Content
Game of Thrones: Episode 5 Review
Game of Thrones: Episode 5
Review
Etrian Odyssey 2 Untold: The Fafnir Knight Review
Etrian Odyssey 2 Untold: The Fafnir Knight
Review
Ar nosurge Plus: Ode to an Unborn Star Review
Ar nosurge Plus: Ode to an Unborn Star
Review
Lost Dimension Review
Lost Dimension
Review
Random Encounter 98
Random Encounter Episode 98
Podcast
Dragon Quest XI Announcement
Dragon Quest XI Announcement
News
Chrono Arrange Album Announcement
Chrono Arrange Album Announcement
News
RSS Feeds & More
Complete Feed
Reviews Feed
Media Feed
Random Encounter
Random on iTunes
Rhythm Encounter
Rhythm on iTunes