Nintendo is Japan's 2nd most valuable company !!

DAMM .. Nintendo is BACK!!! Wheres that it prints money Animated GIF when u need it?? :twisted:

Nintendo is Japan's 2nd most valuable active stock

TOKYO (Reuters) - Nintendo Co Ltd roared past Canon Inc to become Japan's second most valuable tradable company behind Toyota Motor Corp this week as investors bet demand for its Wii and DS machines will remain strong into the critical year-end shopping season.

Although the market value of Mitsubishi UFJ Financial Group Inc (MUFG) is potentially bigger than that of Nintendo, trading in its shares is suspended this week ahead of a 1,000-for-one share split.

Nintendo's Wii has so far outsold Sony's PlayStation 3 by a large margin since their launches late last year as Nintendo's strategy to expand the gaming population by offering easy-to-play but innovative games has proved a big success.

"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.

"I think it's reasonable to think that this Christmas Nintendo strategy of catering to both core and casual gaming markets will succeed again." Shares in Nintendo closed up 3.1 percent at 59,200 yen on Tuesday, bringing its market value to 8.39 trillion yen (36.4 billion pounds), surpassing Canon's market capitalisation of 8.12 trillion yen.

It, however, is still just one-third of Toyota's 24 trillion yen. Toyota is the world's most profitable and valuable automaker.

Last Friday, which was the last trading day for MUFG shares ahead of the suspension, market capitalisation for Japan's largest bank came to 11 trillion yen.

Nintendo shares have more than quadrupled over the past two years, initially boosted by strong demand for the DS, then by brisk sales of the Wii.

In the April-June quarter, Nintendo sold 3.43 million units of the Wii and 6.98 million of the DS. By comparison, Sony sold 710,000 units of its PS3 and 2.14 million of the PlayStation Portable.

http://uk.reuters.com/article/internetNews/idUKT1482820070925

Nintendo shares have more than quadrupled over the past two years, initially boosted by strong demand for the DS, then by brisk sales of the Wii.

Wow...whished I bought stock

I wonder how Nintendo is going to use this new found money.

A little misleading on the title. Stock activity != most valuable.

For that, you can visit www.forbes.com, click on lists, and then largest public companies. You'll see Nintendo is actually quite far down.

Toyota > Nintendo. :PJandurin

yes they did mention that :)

A little misleading on the title. Stock activity != most valuable.

For that, you can visit http://www.forbes.com/, click on lists, and then largest public companies. You'll see Nintendo is actually quite far down.

Rendarian

Ummm the date from that says

Special Report
The Global 2000
03.29.07, 6:00 PM ET

A little misleading on the title. Stock activity != most valuable.

For that, you can visit www.forbes.com, click on lists, and then largest public companies. You'll see Nintendo is actually quite far down.

Rendarian

they said most valuable active stock. not mst active stock.

Toyota > Nintendo. Tnasty11

Toyota > Nintendo. :PJandurin

Holy ****. :|

I am really suprised by that.

and too think it all started from making playing cards for a japanise game called godoobie1975

Nintendo made Hanafuda cards. Go is played on a board with black & white beads, no cards invovled there.

Toyota game console confirmed.yodariquo

Haha nice.

they said most valuable active stock. not mst active stock.Ontain

I wasn't referring to the article itself, but to the title of this poster, which was not reflective of the content.

Toyota game console confirmed.yodariquo

I heard there was going to be a MGS4 port

Microsoft is like the most valuable company in the world, so.....

Big deal basically

Microsoft is like the most valuable company in the world, so.....

Big deal basically

tomarlyn

Lol, like its been said before, if you don't work for Nintendo or have stock in them, this really isn't system wars.ZanuffC

Hey, this means the Mariners have more money for signing players, which is pretty much awesome.

[QUOTE="tomarlyn"]

Microsoft is like the most valuable company in the world, so.....

Big deal basically

Click_Clock

That surprises me considering Windows. But I meant 'big deal' because who really cares other than shareholders :P

bu....bu.....bu....Bu....But according to the analysis and the lemmings and cows Nintendo should have been a 3rd party publisher by now.

what are ye to say now ?8)