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Nintendo, which is based in Kyoto, Japan, said revenue in the first three quarters of the current fiscal year, or through December, fell to 499 billion yen, or $4.83 billion, from ¥543 billion a year earlier.
Nintendo’s president and other executives said they would take a pay cut for five months to take responsibility for the poor performance. The pay of the president, Satoru Iwata, will be cut in half.
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