Metroid
09-25-2007, 10:03 PM
Nintendo trails only Toyota as the top company in Japan
Nintendo’s runaway success of the DS handheld system and Wii console have skyrocketed the company’s value. Now with both the leading portable and home gaming total sales worldwide, Nintendo is once again sitting at the top of the videogames industry.
On the mere strength of its new gaming hardware alone, Nintendo has roared past other Japanese corporations to now become the second most-valuable active stock in Japan. Nintendo is now a more valuable trading company than Canon Inc. and is surpassed currently only by Toyota Motor Corp, according to Reuters.
Nintendo’s stock has been steadily rising since last November, at the time of the Wii’s launch. In late June, Nintendo overtook Sony in market share as the company became one of the 10 most valuable companies in Japan. Then in July, Nintendo took fifth spot on the list of largest companies in Japan.
Despite showing no first-party presence at the Tokyo Game Show, third parties showed software for both of Nintendo’s systems. Games for the Wii and DS ranged from classic RPGs to beauty and health software for women.
"At the Tokyo Game Show last week, Nintendo wasn't there officially. But there were a lot of software companies who are dedicating software to Nintendo platforms," KBC Securities analyst Hiroshi Kamide said in the newswire report. "I think it's reasonable to think that this Christmas Nintendo strategy of catering to both core and casual gaming markets will succeed again."
Dailytech (http://www.dailytech.com/Report+Nintendo+is+Second+Most+Valuable+Company+in +Japan/article9040.htm)
Jezebel (http://jezebel.com/gossip/jezenomics/what-nintendos-rise-means-for-those-of-us-with-tits-303524.php)
Now only Toyota to go through/surpass.
GG Nintendo.
Nintendo’s runaway success of the DS handheld system and Wii console have skyrocketed the company’s value. Now with both the leading portable and home gaming total sales worldwide, Nintendo is once again sitting at the top of the videogames industry.
On the mere strength of its new gaming hardware alone, Nintendo has roared past other Japanese corporations to now become the second most-valuable active stock in Japan. Nintendo is now a more valuable trading company than Canon Inc. and is surpassed currently only by Toyota Motor Corp, according to Reuters.
Nintendo’s stock has been steadily rising since last November, at the time of the Wii’s launch. In late June, Nintendo overtook Sony in market share as the company became one of the 10 most valuable companies in Japan. Then in July, Nintendo took fifth spot on the list of largest companies in Japan.
Despite showing no first-party presence at the Tokyo Game Show, third parties showed software for both of Nintendo’s systems. Games for the Wii and DS ranged from classic RPGs to beauty and health software for women.
"At the Tokyo Game Show last week, Nintendo wasn't there officially. But there were a lot of software companies who are dedicating software to Nintendo platforms," KBC Securities analyst Hiroshi Kamide said in the newswire report. "I think it's reasonable to think that this Christmas Nintendo strategy of catering to both core and casual gaming markets will succeed again."
Dailytech (http://www.dailytech.com/Report+Nintendo+is+Second+Most+Valuable+Company+in +Japan/article9040.htm)
Jezebel (http://jezebel.com/gossip/jezenomics/what-nintendos-rise-means-for-those-of-us-with-tits-303524.php)
Now only Toyota to go through/surpass.
GG Nintendo.