Nintendo Slumps Amid Pressure to Exit Hardware

Nintendo Co. is under pressure to consider ending production of video-game machines after reporting disappointing sales of its Wii U console and forecasting a surprise loss, prompting its stock to tumble.

Nintendo fell 6.2 percent to 13,745 yen, its biggest decline in Tokyo since Sept. 9. The fall wiped about $1.2 billion in the company’s market value. Nintendo on Jan. 17 projected an operating loss for the year ending in March and cut its forecast for the Wii U’s annual sales more than two-thirds.