CJY
Banned
Today (23rd of June, 2017) on the Tokyo Stock Exchange, Nintendo has now hit a Market Cap of ¥5.45T(~$49B), compared to Sony Corp with a market cap of ¥5.40T(~$48.5B)
Some Trivia:
- Earlier in June when Nintendo hit the ¥5T ($45.2B) Market Cap, that was the first time in eight years and five months.
- It is now one of the top 15 companies by Market Cap on the Tokyo Stock Exchange ahead of companies like the Mizuho Financial Group and Nissan Motors.
- Nintendo's market cap once reached 10 trillion yen in 2007 amid the initial success of the Wii console, only to later sink back to 1 trillion yen.
Source for all the above trivia: http://asia.nikkei.com/Markets/Equities/Nintendo-market-cap-hits-5tn-yen
Last time Nintendo valued more than Sony was last year's Pokémon Go craze. That lasted only a day. - Takashi Mochizuki
- I could not find a historical market cap for Sony but their highest(?) peak in share price was ¥31,000 on March 3rd, 2000. (I can't find how many outstanding shares they had at that time.)
- Not related to Market Cap but Nintendo has between 5,000-6,000 employees while Sony has 146,300.
Apple, Alphabet and Microsoft are still giants in comparison with Apple having almost $800 billion in Market Capitalization.
Mario 3D Land (as just one example) was developed by a team of 30 people and sold 11+ millions copies. It's clear who the kings of videogames are. Sony's studio structure is vastly less efficient/economical/profitable/successful. This disparity has to fall on one Shuhei Yoshida, who I'm starting to believe is demonstrating a gross ineptitude in taking worldwide studios to the next level