After hitting Sony with a red turtle shell last month, Mario can start dropping banana peels for NTT and Honda.
After Nintendo released its Q2 financial statement, its stock price went up 3.5%. After it became known that Nintendo Co., Ltd. has become the fifth largest corporation in Japan, it went up another 8.8%. It could have climbed higher than that, if not for reaching the daily increase limit the Osaka Stock Exchange imposes.
The total market value of Nintendo now stands at 8.76 trillion Yen ($72.7 billion). This is more valuable than some of Japan's other big-name companies, namely Nippon Telegraph and Telephone (NTT, the Japanese equivalent of AT&T) and Honda Motor Co, which was actually a more valuable company up until yesterday.
Nintendo leaving companies in its market value wake isn't entirely new. Last month, it surpassed Sony in terms of total market value, despite Sony being involved with the entire spectrum of electronic devices, including video games.
