This year isn’t turning out to be a great one for Nintendo. After a weak launch for the 3DS that forced Nintendo to drop its price after only a few months on store shelves, Nintendo is now forecasting a loss for the year ending March 31, 2012 — the first time this will have happened since the company started reporting its consolidated earnings reports 30 years ago.
Nintendo president Satoru Iwata feels responsible for much of this (as evidenced by the salary cut he and other executives took over the summer), although he’s not about to sit around and mope. He and Nintendo have a plan.
