Investors Find Out Nintendo Doesn't Make Pokemon Go, Shares Drop

"Income reflected on the Company’s consolidated business results is limited."

By Vikki Blake

Nintendo shares fell 17.7 percent after it confirmed the success of Pokémon Go would not necessarily translate into profits for the publisher.

"Taking the current situation into consideration, the company is not modifying the consolidated financial forecast for now," Nintendo stated in a stock filing (via BBC News).

Since Pokémon Go's release earlier this month, Nintendo's profits have more than doubled in value. However, as the mobile game was developed by Niantic under license from Nintendo, the publisher has acknowledged profits will not materially change.

The filing also made reference to the Pokémon Go Plus device, which Nintendo says "will be produced and distributed by the Company, [and] is scheduled for release".

Due to publish its first-quarter results later this week, it is expected that Nintendo will not revise its earnings forecast.

At SDCC, Pokémon Go took over the massive Hall H, a venue upgrade thanks to the huge success of the augmented reality app to date.

For the best Pokemon Go tips and tricks, check out IGN's Pokemon Go wiki guide.

Vikki Blake is a very jumpy survival horror survivalist. You can find her twittering over at @_vixx and twitching at twitch.tv/vixxiie.

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