The irresistable rise of Nintendo
10/17/2007 @ 4:00 am
Behind corporate giants Toyota and Mitsubishi, number 3 in Japan is now Nintendo, which experts currently value at ¥10 trillion.
As the TG Daily notes, that’s the equivalent of US$85 billion (Disney is valued at US$80 billion, for the sake of comparison).
TG also reports that the company has tripled in value since the launch of the Wii console, and “Nintendo’s growth represents a five-fold increase for the company in the past two years”.
Not bad, considering that many “originally thought [the Wii] would lead to the demise of the company’s game hardware business”. But with the Wii, along with the handheld DS, flying off Japanese shelves, all is looking well for Nintendo.
Recent Comments