Wii U sales slump hits Nintendo

Nintendo sank to a loss for the fiscal year to March as sales of its Wii U game machine continued to lag, but the Japanese technology giant promised to return to profit this year.

Kyoto-based Nintendo reported a 23.2bn yen (€164bn) loss, a reversal from a 7bn yen (€48m) profit the previous year. Annual sales fell 10% to 571.7bn yen (€4bn). It did not break down quarterly numbers.