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...the effect of the reduction in the prices of hardware game systems lowered the gross margin ratio. Thus, gross profit decreased. The operating loss was 57.3 billion yen. Due to re-evaluation of assets in foreign currencies, exchange losses totalling 52.4 billion yen occurred. As a result, the ordinary loss was 107.8 billion yen, and the net loss was 70.2 billion yen.

  • Posted by Alex

Nintendo announces substantial financial losses


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