Nintendo spokesman Yasuhiro Minagawa said the yen's strength against the dollar, which reduces earnings brought back to Japan, drove down first-half sales by 28.1 billion yen ($345 million).
Nintendo sinks into the red for first half →
"Sales of the 3DS were strong in Japan, but Christmas shopping got to a late start overall in the U.S. and Europe," said Nintendo spokesman Yasuhiro Minagawa. "But we are upbeat about hardware and software sales for next fiscal year."
Nintendo posts loss on strong yen, weak sales →