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
Pillars of Eternity Hands-On Preview
Pillars of Eternity
Hands-On Preview
Final Fantasy: Record Keeper Review
Final Fantasy: Record Keeper
Review
Game of Thrones Episode 3 Review
Game of Thrones Episode 3
Review
Final Fantasy: Record Keeper Studio Visit
Final Fantasy: Record Keeper
Studio Visit & More
Bloodborne Review
Bloodborne
Review
Tokyo Twilight Ghost Hunters Review
Tokyo Twilight Ghost Hunters
Review
Final Fantasy XV Demo Impressions
Final Fantasy XV: Episode Duscae
Hands-on Impressions
RSS Feeds & More
Complete Feed
Reviews Feed
Media Feed
Random Encounter
Random on iTunes
Rhythm Encounter
Rhythm on iTunes