Nintendo shares reach 10 trillion Yen, thanks to Wii, DS, Wii Fit
According to the latest report from Reuters, Nintendo Company Ltd. has just surpassed the 10 trillion Yen mark in market value. That means that the total shares of the company is pegged at around US$ 85.08 billion.
The only other companies which have achieved the same are Toyota Motor Corp. and Mitsubishi UFJ Financial Group. Furthermore, it was reported that Nintendo’s shares have risen more than fivefold in two years primarily due to the soaring-high sales of the shiny white Wii console.
Nintendo’s handheld platform, the DS Lite, also contributed significantly to the recent success enjoyed by the Kyoto-based video game company. Upcoming title Wii Fit also helped a lot, Reuters added. After announcing that it will be released in Japan on December 1, Nintendo shares also got a further boost.
Via Reuters
According to the latest report from Reuters, Nintendo Company Ltd. has just surpassed the 10 trillion Yen mark in market value. That means that the total shares of the company is pegged at around US$ 85.08 billion.
The only other companies which have achieved the same are Toyota Motor Corp. and Mitsubishi UFJ Financial Group. Furthermore, it was reported that Nintendo’s shares have risen more than fivefold in two years primarily due to the soaring-high sales of the shiny white Wii console.
Nintendo’s handheld platform, the DS Lite, also contributed significantly to the recent success enjoyed by the Kyoto-based video game company. Upcoming title Wii Fit also helped a lot, Reuters added. After announcing that it will be released in Japan on December 1, Nintendo shares also got a further boost.
Via Reuters
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