Pyongyang, November 1 (KCNA) -- Japanese businesses met their huge group loss due to the continuous economic stagnation.

Nintendo Co., manufacturer of electronic products in Japan, said on October 27 it incurred a group net loss of 70.27 billion yen in the April to September period, citing the survey data.

Elpida, Japan's only manufacturer of DRAM chips used in computers and game systems, also logged a group net loss of 56.76 billion yen whereas Sharp Corp., Japanese electronic maker, and NEC Corp posted their group losses of 39.82 billion yen and 10.98 billion yen respectively for the April-September half.