Platform holder expects further declines as revenue drops 22 per cent; firm remains profitable
Nintendo has reported an 18 per cent decline in net income for the year ending March 31st 2010 at $2.45bn.
Revenue was $1.53bn – a decline of 22 per cent.
It’s Nintendo’s first full-year annual decline in six years, but is also the third most profitable year in the company’s records. It also forecast another year-on-year decline for the fiscal year ending March 31st 2011.