Nintendo first-half loss halves compared with year earlier
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Nintendo first-half loss halves compared with year earlier

www.reuters.com   | 24.10.2012.

TOKYO (Reuters) - Nintendo Co Ltd said on Wednesday its first-half operating loss halved compared with a year ago, although diminished sales of its games consoles still weighed on results.
Nintendo first-half loss halves compared with year earlier

In the six months ended on September 30, the creator of Super Mario posted an operating loss of 29.2 billion yen ($366 million) compared with a loss of 57.3 billion yen a year earlier.

For the full business year, Nintendo lowered its operating profit forecast to 20 billion yen from a 35 billion yen forecast in July. That compares with a consensus estimate by 21 analysts of a 27 billion yen profit.

($1 = 79.7800 Japanese yen)

(Reporting by Tim Kelly; Editing by Daniel Magnowski and Edmund Klamann)



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