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

Jagex RuneScape with logo [Industry news] Jagex: The RuneScape Company Expands RuneScape:Dragonwilds In Asia, through Landmark Publishing Partnerships

[Industry news] Jagex: The RuneScape Company Expands RuneScape:Dragonwilds In Asia, through Landmark Publishing Partnerships

Jagex: The RuneScape Company, the iconic British games studio and creator of the legendary RuneScape franchise, today announced two major publishing partnerships that will bring RuneScape: Dragonwilds to Japan, South Korea and South East Asia. This represents the first time in Jagex’s 25-year history that a Jagex-developed game has been published in partnership with third-party regional publishers and is another milestone in the company’s transformational RS25 anniversary year.