Nintendo will close the publisher’s sales subsidiary in Taiwan, Nintendo Phuten, at the end of May.
Nintendo Phuten has been primarily responsible for Nintendo hardware and games sales in the country. On closure of the Taiwanese business, Nintendo Hong Kong will take over local product sales and distribution.
The move follows Nintendo’s announcement in January that the Japanese publisher had lowered annual worldwide sales projections for the company’s Wii U games console sharply down from an earlier 9 million units to 2.8 million units, and estimates for global 3DS sales from 18 million to 13.5 million units.
Nintendo also expects a third straight annual loss of 35 billion JPY (circa US$335 million) for the 2013 fiscal year.
