Shares in Nintendo have fallen sharply after the Japanese gaming giant said Pokemon Go’s success would have a limited impact on its profits.Nintendo shares dropped by 17.7% after they more than doubled in value since the game’s launch on 6 July.Pokemon Go was developed by US firm Niantic and Nintendo said profits from licensing and fees would be limited.However, even with the decline, Nintendo shares are still up 60% since the release of Pokemon Go on 6 July.Overall, Japanese shares were little moved, with the Nikkei 225 finishing flat at 16,620.29.Nintendo said the accounting scheme for recognising revenues from Pokemon Go meant its profits would not materially change.The sharp drop was the biggest decline since October 1990, leaving the stock down by 5,000 yen – the maximum daily limit allowed.
Källa: Nintendo shares plunge on Pokemon profit fears – BBC News
