Nintendo Shares Fall After Quarterly Profit Drops 15%
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Nintendo Co., the world’s largest maker of video-game players, fell the most in a month in Osaka trading after the company posted a 15 percent drop in second-quarter profit on lower demand for the Wii and DS.
Nintendo declined 2.6 percent to 20,740 yen as of 9:47 a.m. on the Osaka Securities Exchange, poised for the biggest drop since Sept. 30. The Nikkei 225 Stock Average fell 1.4 percent. The shares have lost 5.9 percent this year.