Games firm becomes the second most valuable company in Japan
The strong success of both its handheld DS and its motion sensing home console Wii has seen Nintendo’s profit soar to make it the second most valuable company in Japan.
Next-Gen reports that the company’s share value has quadrupled over the past two years, seeing it oust Canon to trail only motoring giant and market leader Toyota in the Japanese market.
Nintendo’s market value is currently YEN 8.34 trillion, or $72.4 billion. Toyota is currently worth YEN 24 trillion, or $208 billion.
Advertisement
Comments
Leave a Comment
HOT TOPICS
Zavvi.com in new street date row 27
Sony: PS3 will pass Xbox 360 16
Xmas release beckons for GT5 11
PSN charges in discussion 8
RETAIL BIZ: MAG takes No.1 8
Has EA given up on Rock Band? 6
PS3 sales reach 33.5m 5
Wii 2 to go beyond HD 5
No standalone 250GB HDD for the UK 4
Adobe in new Apple outburst 3
RELATED STORIES
Elite Beat Agents finally receives Euro release date 2
Wii strikes new '07 UK sales record 1
Big Brain Academy confirmed for Wii 2
Australia: Wii boosts Nintendo fiscal results 1
Nintendo slams copycat rivals 1
Geometry Wars: Galaxies confirmed 2
Kirby Attacks next month 1
Nintendo eyes up PS2 sales record 1
New Pokemon to arrive on July 27th 2
Live Arcade favourite heads to Wii and DS 1
ABOUT US
MCV is the leading trade news and community site for all professionals working within the UK and international video games market. It reaches everyone from store manager to CEO, covering the entire industry. MCV is published by Intent Media, which specialises in entertainment, leisure and technology markets