[tahrikmili]

07:59 25Sep2007 RTRS-Nintendo becomes Japan's 2nd most valuable company TOKYO, Sept 25 (Reuters) - Nintendo Co Ltd <7974.OS> roared past Canon Inc <7751.T> to become Japan's second most valuable company behind Toyota Motor Corp <7203.T>, driven by its hot-selling Wii game console and DS handheld player. Nintendo's Wii has so far outsold Sony's <6758.T> 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. Shares in Nintendo were up 2.6 percent at 58,900 yen in afternoon trade on Tuesday, bringing its market value to 8.34 trillion yen ($72.6 billion), surpassing Canon's market capitalisation of 8.20 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. 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. ((Reporting by Kiyoshi Takenaka, editing by Mike Miller; Reuters Messaging: kiyoshi.takenaka.reuters.com@reuters.net; +81-3-3432-8837; kiyoshi.takenaka@reuters.com)) ($1=114.88 Yen) Keywords: NINTENDO/MARKET VALUE For Related News, Double Click on one of these codes: [E] [U] [J] [PSC] [JP] [ASIA] [REC] [ENT] [DPR] [AUT] [APL] [HOT] [NEWS] [LEN] [RTRS] [7974.OS] [7751.T] [7203.T] [6758.T] For Relevant Price Information, Double Click on one of these codes: <7974.OS> <7751.T> <7203.T> <6758.T> Tuesday, 25 September 2007 07:59:53RTRS [nT14828] {EN}ENDS

Just saw it on my Reuters terminal. Wow.

[Rindain]

Sweet.

[trinest]

Mircosoft to buy out Nintendo in 3...2...1

[Eteric Rice]

And they did this in what?... Three years?

Holy shit.

[Uremifasolasiututut]

Great. Now open some more damn studios already. Enough for 2 quality games each month of the year (establish more Euro/NA presence please).


...
...
...



What.

[Crayon Shinchan]

Talk about overvalued.

Fuckin' A, it's a game company.

... so what else are they going to diversify into?

[Link]

Jesus, weren't they still at number 7 or 8 just a couple months ago?

[Eteric Rice]

Talk about overvalued. Fuckin' A, it's a game company. ... so what else are they going to diversify into?

Whelp, they're already turning the DS into a learning tool, and a tool used to tour museums.

God only knows how far they'll take it.

[Father_Mike]

holy shit.

[Link]

Whelp, they're already turning the DS into a learning tool, and a tool used to tour museums. God only knows how far they'll take it.

I think the coolest thing is how you can use it to order concessions from your seat at ballgames.

[JoshuaJSlone]

And they did this in what?... Three years? Holy shit.

I think you give too little credit to their first 115 years.

[Crayon Shinchan]

Whelp, they're already turning the DS into a learning tool, and a tool used to tour museums. God only knows how far they'll take it.

If they stick to the theme of attractive interactive applications... I hope they take this new found wealth and create two platforms for next gen. One to compete in the high end and the low end.

Fuck it buy out Sony, and make that the high end side.

[ethelred]

Talk about overvalued. Fuckin' A, it's a game company. ... so what else are they going to diversify into?

I hear they've got their eye on the hanafuda market.

[Segata Sanshiro]

Talk about overvalued. Fuckin' A, it's a game company. ... so what else are they going to diversify into?

And #1 is a car company. What's your point? While diversity is a good risk-reducer, you don't need it to be king of the hill. Microsoft's value pretty much sits on two products, for example.

[Eteric Rice]

Don't forget love hotels.

[haunts]

Take that money and give me Wii 2 now please. Cant take this lo-res shit much longer.

[Crushed]

Life is like a hurricane,
Here in,
Duckburg.

[Bo130]

Wow, we saw this in July. Most of the higher up names must have taken a hit,

1. Toyota (¥27,300,000,000,000)
2. Mitsubishi (¥14,200,000,000,000)
3. Mizuho FG (¥9,800,000,000,000)
4. Canon (¥9,600,000,000,000)
5. Mitsui Sumitomo FG (¥8,700,000,000,000)
6. NTT (¥8,500,000,000,000)
7. Honda (¥8,350,000,000,000)
8. NTT DoCoMo (¥8,300,000,000,000)
9. Nintendo (¥7,500,000,000,000)
10. Takeda Pharma (¥7,200,000,000,000)

[Eteric Rice]

Take that money and give me Wii 2 now please. Cant take this lo-res shit much longer.

Go cry in a corner.

[WindyMan]

Don't forget love hotels.

And pizza-time theatres.

[GDGF]

Well past heaven.

[Segata Sanshiro]

Well past heaven.

They can come down again just as fast if they don't play it right.

[Eteric Rice]

Well past heaven.

Probably nearing ursa minor, or the ruins of Krypton. :lol

They can come down again just as fast if they don't play it right.

Still keeping the faith I see.

[Davidion]

Talk about overvalued. Fuckin' A, it's a game company. ... so what else are they going to diversify into?

So far...education, interactive retail tool, museum guide, exercise, physical rehabilitation...

You know, for starters...

Still keeping the faith I see.

I think he's right. Nintendo is powerful, not invincible. Who knew last gen that Sony would stumble so hard?

[perfectchaos007]

Sony not even in top 10? Wow, I thought they would be since they also make TV's, MP3 players, CD players, MOVIES, misc. electronics, and more. Instead they get creamed by the lil' game company that could. Nintendo.

[Segata Sanshiro]

Still keeping the faith I see.

You and spwolf really need to have a fucking pow-wow to decide which type of fanboy I am.

[Deku]

Interesting cyclicality to this all. During the late 80s, Nintendo and Toyota were also the top companies in Japan.

[ethelred]

Still keeping the faith I see.

I say my prayers every night, but there's no god to hear them.

[Eteric Rice]

So far...education, interactive retail tool, museum guide, exercise, physical rehabilitation... You know, for starters... I think he's right. Nintendo is powerful, not invincible. Who knew last gen that Sony would stumble so hard?

The goverment is probably using them to print their currency now, too. Don't forget that!

[mCACGj]

Yeah, I hope they invest some of that money into making their next console substantially more powerful, preferably equal to the competition.

I want next-gen Zelda in next-gen graphics...

I don't see it happening though.

[robertsan21]

:lol
at all the Wii haters who said noo way this will get big!
I told you guys after I first played wii at E3 2006 you wait and see wii will put the big N at place nr 1!

and now this Nintendo 2nd most valued company in japan! WOW


I agree we need a wii that can handle next gen graphics STAT!
make it happen !

Me>>>>>>>>>>>>>>>nostradamus

[ComputerNerd]

I sure hope their stock keeps going up. I bought in at $60, a really high price.

[Segata Sanshiro]

Yeah, I hope they invest some of that money into making their next console substantially more powerful, preferably equal to the competition. I want next-gen Zelda in next-gen graphics... I don't see it happening though.

Yeah, I honestly can't see them switching out the plan that's making them metric shit-tons of cash for the old plan that threw them in third place.

[Lightning]

Do we know where Sony is?

This is good for Nintendo...

[Jiggy]

Talk about overvalued. Fuckin' A, it's a game company. ... so what else are they going to diversify into?

They had that Animal Crossing movie. Speaking of movies, Pokemon has loads of movies, a long-running anime, toys, a card game, a figure game, plastic watches, and probably thousands of other types of paraphernalia, so you might say they've already diversified.

Now they just need to bring back Mario soda.

[Polari]

Imagine how much more they'll be worth when they actually - y'know - release some fucking games.

[Dolphin]

I hope we see some of the fruits of these profits. Meaning more games.

They'll probably just bank it though.

[Andy787]

Awesome!!! Nintendo is so valuable!!!

[Smiles and Cries]

I dunno this sounds great but the Wii sales have been very low the past few weeks in Japan

[AzureNightmare]

Do we know where Sony is? This is good for Nintendo...

Sony was #10 and was passed up a long, long, long time ago. Nintendo is now way bigger than Sony as a company (Nintendo buyout of Sony in 3...2...)

[Eteric Rice]

I hope we see some of the fruits of these profits. Meaning more games. They'll probably just bank it though.

Well they did buy Monolith.

That's something. :P

[Segata Sanshiro]

Awesome!!! Nintendo is so valuable!!!

Well, it's actual news, and I know I found it interesting. It's perfectly viable to not care about industry financials, but I can't imagine why you'd bother clicking into a thread about financials if that's the case, let alone posting in the thread. Unless you're just here to fling poo at eteric rice, in which case, you have my full support.

[Koren]

Don't forget love hotels.

Taxis, instantaneous-food (failure :) )... But most of those disappeared.

[drohne]

remember when japan was a world-class economic power and a center of technological innovation

now their second most valuable company is a producer of cut-rate hardware and software bearing some distant resemblance to video games

sad to see

[ethelred]

remember when japan was a world-class economic power and a center of technological innovation now their second most valuable company is a producer of cut-rate hardware and software bearing some distant resemblance to video games sad to see

I'm pretty sure they lost their motivation to keep trying when Russia got admitted to the G7 despite being an economic wasteland.

[DefectiveReject]

Awesome!!! Nintendo is so valuable!!!

Jut a few more usual suspects to go and we're all here

[DCharlie]

Do we know where Sony is?

mid pack, rev`ing their engines for the awesome-wowsome comeback victory RAWR!

[JoshuaJSlone]

I hope we see some of the fruits of these profits. Meaning more games. They'll probably just bank it though.

I haven't played Accountant Training, but I wouldn't think their stock price would really affect their money intake unless they started selling off more of the company.

[AzureNightmare]

remember when japan was a world-class economic power and a center of technological innovation now their second most valuable company is a producer of cut-rate hardware and software bearing some distant resemblance to video games sad to see

oh drohne :lol

[DefectiveReject]

I haven't played Accountant Training, but I wouldn't think their stock price would really affect their money intake unless they started selling off more of the company.

Oh-Ho!!
Retro sell out......Imminent!!!

Maybe this was the September Surprise. Vote for which studio Nintendo sells off??