Nintendo is trading 7.6% down at €45.26 after second-quarter operating profit fell 16% to ¥73.9 billion and missed analyst expectations.
- November 5 results showed quarterly revenue fell 15%. Bloomberg attributed quarterly pressure to rising Switch 2 component costs and a lack of major new game releases.
- Six-month operating profit rose 49.1%, while net sales fell 12.1%; results were scheduled for November 5 and released after the November 4 Frankfurt session.