Tag Archives: Nintendo faces more pressure after biggest drop in 26 years

Nintendo faces more pressure after biggest drop in 26 years

The Kyoto-based firm was valued at 109 times projected net income after Monday’s plunge, or more than 6 times the average for the Nikkei 225 Index. The company has already said it doesn’t expect Pokemon Go will yield enough profit to increase its earnings outlook for the fiscal year.

Nintendo faces more pressure after biggest drop in 26 years