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nikachus01

nikachus01

Australia

Joined:
Thu 24th January, 2008

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nikachus01

#1

nikachus01 commented on Nintendo Posts 70 Billion Yen Net Loss in Past...:

The major reason for the loss that has been recorded for the quarter from what I have read is attributable to Foreign Exchange losses of 52.4 billion due to the majority of sales occurring in international markets. As the Yen has been quite strong, this is beyond Nintendo's control really and is up to the market to determine the FX rates. Although, releasing more software wouldn't hurt either!