Home / Business / Consoles / Nintendo value soars

Nintendo value soars

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.

About MCV Staff

Check Also

Ain’t no party like an Xbox party – Aaron Greenberg clarifies exclusivity stance and explains why the upcoming X019 is coming to London

With Gears 5 released on Steam, plus Ori and the Blind Forest coming to Switch, Aaron Greenberg, GM of games marketing, clarifies Xbox’s first-party strategy and fills us in on the thinking behind its upcoming London celebration, X019