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View Full Version : Nintendo Projects Higher Profit, Helped by Weaker Yen - Bloomberg



NewsWhore
05-07-2009, 03:11 AM
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Nintendo Projects Higher Profit, Helped by Weaker Yen (http://news.google.com/news/url?sa=T&ct=us/7-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601101%26sid%3DaW3oK_AQU2M0%26refer%3Djapan&cid=1347196395&ei=nIsCStqLH83okAXdmdigDw&usg=AFQjCNF3oPzTZw1NICnte2h2KimOoqPV6g)
Bloomberg - Hiroshi Suzuki (http://news.google.com/news?svnum=10&as_scoring=n&tab=wn&as_drrb=q&as_qdr=&as_mind=11&as_minm=7&as_maxd=10&as_maxm=8&q=author:%22Hiroshi Suzuki%22&hl=en&ned=us&ie=ISO-8859-1), Mariko Yasu (http://news.google.com/news?svnum=10&as_scoring=n&tab=wn&as_drrb=q&as_qdr=&as_mind=11&as_minm=7&as_maxd=10&as_maxm=8&q=author:%22Mariko Yasu%22&hl=en&ned=us&ie=ISO-8859-1)
The yen jumped 29 percent against the euro and 23 percent against the dollar in 2008, reducing the value of exports in local currency terms. Operating profit, or sales minus the cost of goods sold and administrative expenses, will probably fall 12 ...


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