Nintendo Co., the world’s biggest maker of video-game machines, on Wednesday posted annual profit that missed analyst estimates amid stalling demand for its Wii U consoles and 3DS handheld players.
Net income was ¥7.1 billion for the year ended March 31, compared with a ¥43.2 billion loss a year earlier, the “Super Mario” creator said in a statement. The result compares with the ¥14 billion median of 15 analyst estimates compiled by Bloomberg. Sales fell 1.9 percent to ¥635 billion.
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