 As a result, the Japanese economy, which imported over 98% of their requirements for oil, was forced to scale back on all unnecessary amenities in anticipation of an imminent recession.As a result, Nintendo received cancellation requests of the Laser Clay Shooting System from its clients, and, in less than a year, nearly all of its orders were cancelled.Having invested billions of Yen in their product, Nintendo's profits were cut in half, and they found themselves  billion in debt, in which Yamauchi would spend 7 years paying off.