Nintendo Stands Tall in Sales Projection Slaughter

Market demands major Japanese companies to slash earnings on slumping demand for often higher-end products. Nintendo doesn't have this problem.

Nintendo, recently forecast a yearly profit of at least $4 billion, stood ground in a heavy slashing of major company projections. Bloomberg News reports Nintendo down 5.6% within a bad average day. Slumping demand and a stronger currency forced companies across the board to slash sales' projections; including Seiko Holdings, Canon Inc. and Toyota Motor Corp.

Fortunately demand is not something Nintendo Co. needs to worry about yet, even with a slow-up in native software sales. It was a storm today on both ends of the Japanese stock market, and Nintendo stood the most mature and deliberate of exporters.

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