Tecmo Koei has announced that it's lowering its annual operating profit forecast (essentially its guess for how much profit it will bring in before taxes) by a painful 95%. In addition, stock fell 9.5% to 630 yen ($7).

This comes after the announcement of disappointing third-quarter losses (PDF link) totaling 1.842 billion yen ($20.4 million), and after the announcement that two high-profile games, Quantum Theory and Trinity: Zill O'll Zero, have been delayed, thus eliminating whatever they would have contributed to the current fiscal year. Now it's all up to Dead or Alive: Paradise and the Western releases of Monster Rancher DS and Again.

Source [PDF]

This article was originally published on Joystiq.

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