Nintendo Sinks into Red for 1st Half
By wchung | 20 Jun, 2026
Nintendo sank into the red for the fiscal first half, battered by a rising yen that hurts exports and plunging sales as demand for its game machines ran out of steam.
Kyoto-based Nintendo Co., which makes Pokemon and Super Mario video games, reported Thursday a loss of 2.01 billion yen ($24.7 million) for the April-September period.
The company, which also makes the Wii home console and DS handheld game machines, did not break down quarterly numbers. It posted a 69.5 billion yen profit for the same six-month period a year earlier.
First-half sales dropped nearly 34 percent to 363.16 billion yen ($4.46 billion).
TOKYO (AP)
© 2026 by Asian Media Group Inc.
Recent Articles
- Trump Unveils Gifted Qatari 747 As Addition to Air Force One Fleet
- A Warm World Cup Welcome Endears the US to Fans
- China's May Refined Oil Exports Rose from April, Australia Received Agreed Volume
- New Bangladesh Premier to Seek Investments, Jobs in China, Malaysia
- Charles Schwab Working with Cboe to Enter Prediction Market
- Mexico's Love Affair with All Things Korean — Until Thursday's Kickoff
- The Making of a Striking Tiger
- Japan's World Cup Prospects Brighter Than Their Single Group Point Might Suggest
- International Stars in the Red Devils' Lineup Suggests a Deep World Cup Run for S. Korea
- Italy's Meloni Says Trump 'Totally Invented' Story That She Begged Him for Photo
