Video game giant Nintendo has halved its full-yr income forecast, blaming sluggish sales and the robust yen.
It said internet income for the financial 12 months to the give up of March had been likely to come in at 17bn yen (£150m) as opposed to 35bn yen.
Nintendo says that the surge inside the fee of the japanese forex has shriveled the yen value of foreign places profits.
The agency makes about three-quarters of its total sales overseas.
The yen has enjoyed a haven status amongst traders worried through the turmoil on worldwide markets, and has won some 15% in opposition to the greenback considering remaining summer.
Nintendo sales had been already falling toward the end of 2015
It's miles now lowering its sales forecasts for the complete yr, due to gradual call for for its 3DS portable gaming machine and its Wii U console.
However, Nintendo says that its new video games, Splatoon and extremely good Mario Maker, were "blockbusters that vitalised the Wii U platform.
Next month it is launching Miitomo, its first iOS and Android app, and is expected to release its new NX gaming platform across the middle of the year.
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