informa
1 MIN READ
News

Nintendo Stock Is Second Most Valuable In Japan

With continued global success for the Wii and Nintendo DS, stock of Nintendo has become the second most valuable in the whole of Japan at a value of $73.03 billion - behind only Toyota, and beating household names such as Mitsubishi, Canon and Honda.
With continued global success for the Wii and Nintendo DS, stock of Nintendo has become the second most valuable in the whole of Japan, behind only Toyota, and beating household names such as Mitsubishi, Canon and Honda. Nintendo shares now have a market value of ¥8.39 trillion ($73.38bn), compared to ¥24 trillion ($209.91bn) for Toyota – the world’s most profitable and valuable car maker. Technically the market value for Mitsubishi UFJ Financial Group, Japan’s largest bank, is around ¥11 trillion ($96.24bn). However, trading in the company’s shares is currently suspended ahead of a share split. Nevertheless, Nintendo’s total pushed Canon into third place with market capitalization of ¥8.12 trillion ($71.05bn). Sony Group has not appeared in the top ten of Japanese companies, as organized by stock value, for some months. Shares in Nintendo have more than quadrupled over the last two years, with shares up 3.1 percent on Tuesday at ¥59,200 ($518.01). Ironically, Nintendo’s achievement comes during the slowest period of hardware sales for the company in Japan for over a year – although demand still appears buoyant elsewhere in the world, and it's possible that the slowdown is due to supply constraint yet again.

Latest Jobs

Xbox Game Studios

Redmond, Washington
10.5.22
Technical Lighting Artist

Innogames

Hamburg, Germany
10.5.22
Game Designer - Elvenar

Six Foot

Houston, TX
10.3.22
Six Foot Director, Player Relations

Hometopia Inc.

Remote
10.7.22
Lead Engineer
More Jobs   

CONNECT WITH US

Explore the
Subscribe to
Follow us

Game Developer Job Board

Game Developer Newsletter

@gamedevdotcom

Explore the

Game Developer Job Board

Browse open positions across the game industry or recruit new talent for your studio

Browse
Subscribe to

Game Developer Newsletter

Get daily Game Developer top stories every morning straight into your inbox

Subscribe
Follow us

@gamedevdotcom

Follow us @gamedevdotcom to stay up-to-date with the latest news & insider information about events & more