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I'm sure this is a great way to maintain/boost morale. Cut bonuses during the time most people go on vacation. I'm sure the employees who have some sort of stock based compensation are happy also. Its odd since the company has no debt, why the capital preservation (even if its only for the summer)?

Nikkei is still citing weak demand (probably in the West), the 3DS and its price cut push any future demand the system had back to last year, come august the comps are going to be tough, even with a NSMB.