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

madmackem

Member
No, Nintendo has a higher market cap, which is basically just share price times outstanding shares. At best, it basically means investors are more confident about Nintendo showing growth/profit than Sony.
This, even my very very basic understanding of this has me face palming myself reading some of these posts.
 
Uhm I wonder how many of the ones bothering with a reply have a clear idea of what the market cap, volume and revenue are....
The stock is solid, but to say that Nintendo is worth as much as sony.....
 

Neff

Member
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.

Or more specifically, without the luxury of subsidiary arms, Sony and MS wouldn't have been able to stage their bleeding edge high stakes casino fight from gen 7. They'd have been forced to go with a completely ordinary low-tech box. They'd have been Nintendo, basically.
 

Mindwipe

Member
This is good to hear, these are good products, I still see that they don't have a meaningful presence in the Americas, maybe they should have more effort in advertising there.

The reason the division is profitable is because they essentially stopped wasting money trying to get into the US market. The US isn't a high margin territory or a well functioning market - if you're going to invest then investing elsewhere will generate a better return.

I know there's a tendency on GAF to think that the US is the greatest market and it's all that matters, but sometimes ignoring unprofitable markets is good. Being a big market doesn't make it profitable.
 

D.Lo

Member
Or more specifically, without the luxury of subsidiary arms, Sony and MS wouldn't have been able to stage their bleeding edge high stakes casino fight from gen 7. They'd have been forced to go with a completely ordinary low-tech box. They'd have been Nintendo, basically.
Exactly.

Of course if that hadn't happened it may not have forced Nintendo to take the Wii/DS risk and/or hedge that risk with very cheap, weak hardware. I wonder what a normal console would have been like if it were the regular, non-billions losing step up from PS2/GC level... we'll never know I guess.
 
I don't know much about Nintendo financials, but I take it they're a stably profitable company that likes to pay ample dividends. They also have a lot of growth potential through their IP. Finally, they're free of debt. If I were an investor, I'd be decently confident that current Nintendo would stick around making money. That's what they've been doing almost consistently for over 30 years.
 

Kayant

Member
That timeline in OP really puts into perspective how they grew back from losing it all. Well deserved.
the ball is in sony's court now
microsoft deserves more flak for letting this happen.
giphy.gif

Sony relies way too much in third parties, maybe that's why?
Hmmmm
 

Porcile

Member
So we gonna get a massive overvaluing and then huge a drop when things peter out. Really is the Wii days all over again!
 

Usobuko

Banned
So we gonna get a massive overvaluing and then huge a drop when things peter out. Really is the Wii days all over again!

Most gaming companies are priced at a premium.

Ubisoft, cd Projekt etc all have 2x valuation in the span of a year.

But personally, Nintendo kinda needs to replicate Supercell global success or beat its peers in the saturated Japanese mobile market. I also don't think the switch is a wii like success, I think it would have issues reaching 2/3 of Wii install base.

But then again, the online subscription fees that net PlayStation billion could be there for Nintendo though the price is like 1/3 of it and it's lacking third parties mp pull.
 

The_Lump

Banned
No, Nintendo has a higher market cap, which is basically just share price times outstanding shares. At best, it basically means investors are more confident about Nintendo showing growth/profit than Sony.

Not sure why you put "At best"; That's exactly what it means. And that is kinda what a publicly traded company wants.

So we gonna get a massive overvaluing and then huge a drop when things peter out. Really is the Wii days all over again!

You should offer financial advice.
 

D.Lo

Member
So we gonna get a massive overvaluing and then huge a drop when things peter out. Really is the Wii days all over again!
Predictions like this really are like the Wii days indeed. "Any moment now Nintendo will crater", just repeat that for six years and two consoles later it might partially happen!
 

Yjynx

Member
Do some people here actually understand how this works? Should I make a thread when Nintendo SH price falls later on (it will thats how market work).

To some people here. Sony consist alot of division. And curently all of them profitable except for Sony Movies. They should have their record profit.

I swear some people here still living in the 2007-2012 era..... For example regarding Sony TV division

Sony Corp.'s resurgence in the premium TV market is starting to threaten the lead enjoyed by South Korea's Samsung Electronics Co. and LG Electronics Inc., industry data showed Sunday.
 

janoDX

Member
Sony is toxic as hell
You only want to cut out parts... not the entire enterprise

Or buy the PlayStation division, and have Switch as the portable hybrid and keep the PS4/PS4pro as the home console.

Have Naughty Dog and Guerrilla make games for the Switch and have Sakurai and make Smash for PS4.
 

Bgamer90

Banned
Which is sad because a Sony TV is amazing most of the times.

Yep though I think what hurt them in the past has been their rep of being more expensive even though they aren't of a much better quality than their competitors. I'm personally planning on getting a Sony X900e in a few months since its one of the best TVs for HDR gaming and its $2,000 for the 65" model which isn't that different of a price from similar quality models from other brands.
 

Soph

Member
This is honestly not that impressive. Nintendo stock was always going to jump back to their core value of 70 Billion. Investors are starving for options in the stock market and overvalueing Nintendo as a result. By the time FF7 Remake gets out the market cap of Sony will blow Nintendo away. Clearly we need to look at revenue to get a view on a company their financial health. With a dying 3DS and floundering Switch sales with no third party support,, there is noway Nintendo can keep this up
 

Shock32

Member
Do some people here actually understand how this works? Should I make a thread when Nintendo SH price falls later on (it will thats how market work).

To some people here. Sony consist alot of division. And curently all of them profitable except for Sony Movies. They should have their record profit.

I swear some people here still living in the 2007-2012 era..... For example regarding Sony TV division

Sony Corp.'s resurgence in the premium TV market is starting to threaten the lead enjoyed by South Korea's Samsung Electronics Co. and LG Electronics Inc., industry data showed Sunday.


Yep Sony pictures is set up to have a huge year. Which is why the 1 billion good will money was used last year.
 

Peltz

Member
Every sign of the Switch being the new Wii keeps rolling by.

And hopefully, with no HD transition to handle and a combined development ecosystem, this time it won't collapse in year six due to losing focus.

Iwata vindicated again.
Iwata absolutely set this company on the right path before his death. Both with the Switch and the way they approach mobile gaming.

RIP
 

HStallion

Now what's the next step in your master plan?
They're still making TV's that nobody buys IIRC, and it's quite frankly remarkable that they can still be the tip of the spear in the likes of console VR when they're struggling so badly

This isn't true anymore. Sony is actually doing great in the TV space recently.
 

Trup1aya

Member
Uhm I wonder how many of the ones bothering with a reply have a clear idea of what the market cap, volume and revenue are....
The stock is solid, but to say that Nintendo is worth as much as sony.....

Market Cap is how much Nintendo is worth... it's the best estimate of how much it would take to buy the company outright...

Currently, investors would likely have to pay more to takeover Nintendo than they would Sony.
 

ggx2ac

Member
Uhm I wonder how many of the ones bothering with a reply have a clear idea of what the market cap, volume and revenue are....
The stock is solid, but to say that Nintendo is worth as much as sony.....

I just missed this part that was edited in and now I'm utterly baffled by the preceding paragraph.

It's sarcasm right?
 
This is going to be nothing but up for them, and not becuase of a fast boom, but because of other media endevours that will make Nintendo stable for a lot of years, like Osaka, Orlando and Hollywood building huge ninhtendo areas with the latest technologies for Mario Kart. People are going to flock to them same as Wizarding world did. And then theres probably and even bigger phase 2 in the future.

And its very possible they have some movies prepared for the future with their franchises.

If they use any Mario motives during the olympics, thats also going to help, 2020 is going to be HUGE for them. If you are going to buy shares, buy them now.
 

Apathy

Member
At least there are a few posters in here that understand the market. Wish people actually read their posts though
 
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