Nintendo downgraded over demand concerns

[Just_Ben]

I think the big sentence is this:

"Nintendo has raised its guidance three times over the past year, most recently in January, for the financial year ending March 31 - but the strengthening yen will cause the value of overseas sales to drop, which could impact the next financial year. "

Here they are talking about the value not the volume of sales, meaning just less money per Wii, what is basicly right. Wii's are produced in China. This production is payed mostly in $ or the chinese currency, which is basicly the same. So yes they get less per Wii, but have to sell less per Wii. Basicly the profit margin stays the same, but the volume shrinks ;) Less volume on same margin means less profit. Less profit means lower stock price. I don't think they are right, because they will sell more Wii's next fiscal than this, what should offset such volume loss easily :)