• Kyodo

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Nintendo Co. said Wednesday its group net profit fell 60.6 percent in the 2015 business year ended last month to ¥16.51 billion ($139.5 million), bruised by the yen’s appreciation against major currencies and languid portable game sales.

With nearly three-quarters of the video game maker’s sales coming from overseas markets, the strong yen saw the company take an ¥18.36 billion hit in foreign exchange losses, denting its net profit figure.

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