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Nintendo says 9-month net profit down 30% on poor Wii U sales

Published on Jan 29, 2014 3:29 PM
 
A man plays Nintendo's portable video game console at an electronic shop in Tokyo on Jan 17, 2014. Japan's Nintendo said on Wednesday that nine-month profit dived 30 per cent on slumping demand for its Wii U games console, and warned again that it would slip into the red for the fiscal year to March. -- FILE PHOTO: AFP 

TOKYO (AFP) - Japan's Nintendo said on Wednesday that nine-month profit dived 30 per cent on slumping demand for its Wii U games console, and warned again that it would slip into the red for the fiscal year to March.

The Kyoto-based company said it earned 10.20 billion yen (S$126 million) in the nine months to December as revenue fell 8.1 per cent to 499.12 billion yen.