Nintendo misses annual profit and hardware sales targets

Nintendo fell short of its annual profit and hardware sales targets during the business year ended March 31, 2013. The company reported net profit of 7.1 billion yen (£46.8m / $71.4m), just over half of what it forecast in January , although the figure represented a major improvement on the net loss of 43.2 billion yen (£285m / $434m) posted a year earlier. Net sales were down 1.9 per cent year-over