Nintendo Lowers 2016 financial forecast

[mjk45]

Miyamotoo said:

OneKartVita said:

Yeah it really couldn't have gone worse.  From the top to the bottom.  But are we at rock bottom?  Will 2016 level off the decline and will growth return on 2017 onwards or is the decline going to continue. 

It could be much worse, Nintendo could actually lose money, but despite terrible sales they making solid profit, even with slashed forecast it will be solid profit for Nintendo.

The trouble is the  system is about chasing growth , it's not good enough to just make a tidy profit , during the Australian reporting season you can have a company make record profits with it's growth being  both a company record and best in it's market and still get written down because of market expectation .