Nintendo has No 2 Market Cap in Japan
Nintendo has edged out Canon to become Japan’s number two company in terms of market capitalization. The console giant has a market share value of 8,390 billion Yen (USD$73.2 billion), albeit substantially behind Toyota’s 24,000 billion Yen. Nintendo’s figures are have been quoted as a conservative estimate by analysts, according to the Financial Times.
Nintendo’s recent surge took it past Sony early June this year, who are still struggling to keep up at 6.54 trillion yen.
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