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TSE: Nintendo is now worth more than Sony Corp (Market Cap)

Mokubba

Member
Didn't we have posts in the last quarter or financial year saying PSN alone made more money than the whole of Nintendo?

I'm not a business guy but I'm pretty sure Sony makes a lot more money.
 

Cranster

Banned
the ball is in sony's court now
microsoft deserves more flak for letting this happen.
latest
 

Jigorath

Banned
I see this as a disaster for Sony, their investors will not be happy triggering further loses

The company has a whole been very profitable these last couple of years thanks to PS/financing, but there's a couple of floundering divisions though.
 
It's just good news for everyone imo. I think that everyone is glad that Nintendo is doing great (in software, hardware and financially).
Nintendo showed that you can never underestimate them and the power of their franchises. I was really pessimistic about the Switch, but it's good I was wrong.

All the big gaming manufacturers are doing great, even Xbox is very healthy and PS4 makes Sony so much money it's ridiculous.
 
Didn't this already happen like several times over the past couple of years?
Stock market loves video game companies. Just completely sky high valuations.

I guess Sony should stop doing so much. So little reward for so much effort.

And Sony's Playstation division isn't video game company enough?

Okay to be fair, their evaluation would probably sky rocket if they sold of their incompetent film and mobile divisions.
 

OryoN

Member
If only Nintendo could produce more Switches, investors would go crazy seeing them outperform market expectations by a significant amount, next quarter.
 
Didn't we have posts in the last quarter or financial year saying PSN alone made more money than the whole of Nintendo?

I'm not a business guy but I'm pretty sure Sony makes a lot more money.

We had. Sony (or even PlayStation) sales are far bigger than Nintendo. Market cap is not how much you make in terms of sales, operating income or net income.

Posting this again, but in terms of operating income, last fiscal year was 288,7 billion yen for Sony Corp (135,6 billion yen for PlayStation) and 29,3 billion yen for Nintendo.
 

Zalman

Member
The 3DS and PS4 are in no way comparable. One is significantly more lucrative than the other, and if that isn't the case that's a big problem
3DS is the only platform that grew year-over-year last year. They have recently sold over 15 million copies of Pokémon, and there's another coming in November. Not to mention they just announced a new model. There's a lot going on and worth taking into account.
 

MaxDOL

Member
More like how poor Sony run as a company.

Sony should cut off those poor run industries and only focus on Finance/Insurance,Optical Sensor and Playstation.
 

samar11

Member
Sony is forecasting a profit of 4.5 billion for the next year, thats the highest in 20 years..I am sure the market cap will surpass nintendos by then.
 

D.Lo

Member
I'm curious how much PlayStation would be worth if they were a separate company.

Or Sony with just their video game and camera business as those seem to be the most profitable.
If Playstation was a separate company the PS3 would have shuttered them. they clawed it back to an estimated net $4-5 billion loss, but early on they were maybe even double that in the red. Same goes for Xbox. Sony/MS being huge companies with deep pockets and borrowing capacity were the only things that enabled them to be around at all.
 

Defuser

Member
Considering Nintendo is purely focusing on gaming while Sony have it's fingers in many pies with different managment.

Is that surprising that Nintendo is doing what they are good at while you have idiots at Sony Pictures.etc pulling Sony down?
 

Strings

Member
I get what you mean but they do not "make more" though, market cap is something else, I believe it's the perceived value of the company's shares.

In terms of operating income for example, last fiscal year was 288,7 billion yen for Sony Corp (135,6 billion yen for PlayStation) and 29,3 billion yen for Nintendo.

Phew, someone said something that makes sense.
 

Reg

Banned
Tesla's market cap is higher than GM's as well.

edit:
I get what you mean but they do not "make more" though, market cap is something else, I believe it's the perceived value of the company's shares.

In terms of operating income for example, last fiscal year was 288,7 billion yen for Sony Corp (135,6 billion yen for PlayStation) and 29,3 billion yen for Nintendo.

You get it. Sentiment will push the perceived value of a company higher or lower. And also a company/sector can be undervalued or overvalued.
 

Seiniyta

Member
Speaking of valuable IP, how much do you reckon the Pokemon IP would fetch on an open market? Hundreds of millions?

Think more in the range of 2-5 billion, if not more. And that's being super conservative.

Yes, Star Wars sold for 2 or so Billion, but looking back on it. That's a crazy cheap sell for Star Wars. And Disney is reaping the benefits in a major way.
 

Sadist

Member
This shows why Sony should go third party
Finally, I can't wait to take The Last of Us Part II Switch Edition with me on my train rides!

All jokes aside, the stockmarket is such a weird place and extremely volatile. Well if you bought Nintendo stocks you could totally sell.
 

sensi97

Member
3DS is the only platform that grew year-over-year last year. They have recently sold over 15 million copies of Pokémon, and there's another coming in November. Not to mention they just announced a new model. There's a lot going on and worth taking into account.
I think that's inaccurate. PS4 shipment grew too, from 17.7M for FY2015 to 20M FY2016.
 

vpance

Member
Didn't this already happen like several times over the past couple of years?


And Sony's Playstation division isn't video game company enough?

Okay to be fair, their evaluation would probably sky rocket if they sold of their incompetent film and mobile divisions.

I think it's basically down to the profit margins, which Sony has a tiny tiny amount compared to all these other publishers, and Nintendo.

Same goes for mobile. You make a hit game with 5 programmers and stock goes through the roof. Sony has none of that hype-ness. Not counting their other divisions, their main source of profit comes from subs and software license fees. Hardware is almost always close to break even. It just pales in comparison to what a traditional pub can pull with a bunch of hit games that rake in loads of cash.
 

Xenus

Member
Tesla's market cap is higher than GM's as well.

Higher then Ford as well and just passed BMW or so I last heard... One of the many reasons the stock market can be extremely stupid. It's strongly influenced by perception instead of actual numbers.
 

Jigorath

Banned
based on this, Nintendo has more money

Sony makes way way way more money than Nintendo.

Nintendo's stock was in the gutter during the WiiU disaster, but it started shooting up as Nintendo moved into mobile/theme parks/etc. Stuff like that made investors very happy, and the success of the Switch has given them long term confidence.

Sony's stock has been on the rise these last few years as well but I believe their terrible performing film division largely holds back investor confidence.

Speaking of valuable IP, how much do you reckon the Pokemon IP would fetch on an open market? Hundreds of millions?

Billions. Pokemon is one of the biggest IPs in the world.
 

ggx2ac

Member
Don't know much about market cap and all that, though didn't Sony make more from their network services in one quarter than Nintendo made the whole year?

Yeah they did: http://www.eurogamer.net/articles/2016-04-28-sonys-psn-is-making-more-money-than-all-of-nintendo so not sure how or what this all correlates to.
Is it market worth/value or how exactly?

Think of it like Kickstarter, and that the buyers see value in Nintendo that their Kickstarter is worth as much as Sony's in the money that was raised.

It's not the money Nintendo has made from their operations, it's the money that investors have put into the company.
 

spekkeh

Banned
Sony is forecasting a profit of 4.5 billion for the next year, thats the highest in 20 years..I am sure the market cap will surpass nintendos by then.
You should buy Sony stock if you think so strongly about it. You'll make big bucks. I know I saw Nintendo's position and decided to buy a couple of shares and now I'm getting free lunches every day.

I ain't touching Sony stock
 

Dynomutt

Member
Let's not frame it as Sony stock being some kind of loser.

Or attach it to anecdotal evidence over the past 30 days or any unsubstantiated forecasts. This was trending Nintendo has been silently putting in work. Switch was just the launch party pun intended.
 

Shin

Banned
Think of it like Kickstarter, and that the buyers see value in Nintendo that their Kickstarter is worth as much as Sony's in the money that was raised.

It's not the money Nintendo has made, it's the money that investors have put into the company.

Gotcha.
Speaks volume about the company, especially when Japan's president dresses up as Mario to close the Olympics.
In other words the brand is valued a lot, though from what I read in your first post it seems to fluctuate a lot also (value/market cap).
 

massoluk

Banned
Saw this day coming as soon as Universal deal was announced. Underused IPs were going to be unleashed. The mobile bump and Switch were fortunate coincidence
 

Terrell

Member
Don't know much about market cap and all that, though didn't Sony make more from their network services in one quarter than Nintendo made the whole year?

Yeah they did: http://www.eurogamer.net/articles/2016-04-28-sonys-psn-is-making-more-money-than-all-of-nintendo so not sure how or what this all correlates to.
Is it market worth/value or how exactly?

Market cap is used as a way to value intangible assets like IPs, future earning potential and stability of your brand operations in the industry they operate in. This number is often used to estimate how much money you would need to pay to buy a company outright.
 
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