Nintendo Disappoints Without Mario for Mobile or New Console

  • Company plans to launch two new smartphone titles in the fall
  • Nintendo's NX game device to go on sale in March 2017

Nintendo Disappoints Without Mobile Mario or New Console

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Nintendo Co. is easing into its newfound role as a mobile game publisher, but not fast enough for investors expecting a Mario-scale hit.

The video-gaming company revealed plans to introduce two new smartphone titles in the coming year, even as it forecast net income and revenue short of analysts’ estimates on plunging sales of the Wii U console and 3DS handhelds. Shares fell 8.3 percent to 15,155 yen at the close in Tokyo.