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NINTENDO ANNOUNCES FISCAL 1992 RESULTS

 NINTENDO ANNOUNCES FISCAL 1992 RESULTS
 REDMOND, Wash., May 14 /PRNewswire/ -- Record-breaking sales were


announced today for the fiscal year ended March 31, 1992, by Nintendo Co., Ltd., Kyoto, Japan.
 Consolidated net sales for Nintendo Co., Ltd. were $4.224 billion (561.843 billion yen); 1991 sales were $3.544 billion (471.417 billion yen). Consolidated net income for 1992 was $655 million (87.104 billion yen), compared to $518 million (68.885 billion yen) for fiscal 1991. Net income increased 26 percent over fiscal 1991, and net sales increased 19 percent over fiscal 1991.
 Consolidated earnings per share for 1992 were $4.62 (615 yen), compared to $3.65 (486 yen) for fiscal 1991.
 Nintendo also said it expects to increase its dividend to an annual rate of 60 percent from 50 percent.
 Nintendo stock is traded publicly in Japan on the Tokyo, Kyoto and Osaka exchanges and is available in the United States in ADR form on the over-the-counter market. Each ADR is equal to one-quarter of a full share in Japan. At market close, May 13, the price of a full share on the Osaka exchange was 10,500 yen.
 Nintendo Co., Ltd. is the world's largest manufacturer and marketer of video games. Nintendo of America Inc., a wholly owned subsidiary, is the headquarters for Nintendo's marketing operations in North America.
 NOTE: All results are on a consolidated basis. Yen results have been translated into U.S. dollars at the rate of 133 yen to one dollar, solely for the convenience of the reader.
 Earnings per share for fiscal 1991 of 486 yen reflect adjustment for the 35-percent free share dividend effective May 1991.
 -0- 5/14/92
 /CONTACT: Bill White of Nintendo of America, 206-882-2040 (8 a.m. to 5 p.m. PDT)/ CO: Nintendo Co., Ltd. ST: Washington IN: SU: ERN


TB-JH -- SE001 -- 9985 05/14/92 06:13 EDT
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Date:May 14, 1992
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