Nintendo Co. lowered its earnings outlook for fiscal 2009 Thursday after double-digit falls in both sales and profit in the April to September first half of the year amid sluggish sales of its Wii and DS game consoles.
The Kyoto-based game creator now forecasts ¥230 billion in group net profit for the current fiscal year to next March 31, down 17.6 percent from the previous year, and ¥370 billion in operating profit, down 33.4 percent. Sales are projected to drop 18.4 percent to ¥1.5 trillion.
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