Author Topic: Nintendo Fifth Largest Company in Japan (Read 6435 times)

WindyMan · « **on:** July 26, 2007, 02:38:12 PM »

After hitting Sony with a red turtle shell last month, Mario can start dropping banana peels for NTT and Honda.
http://www.nintendoworldreport.com/newsArt.cfm?artid=14102

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.

Mashiro · « **Reply #1 on:** July 26, 2007, 02:41:17 PM »

Good for Nintendo! (Wish I had their stock).

nickmitch · « **Reply #2 on:** July 26, 2007, 03:40:14 PM »

They couldn't do this when I was playing stocksquest for free enterprise class?

BlackNMild2k1 · « **Reply #3 on:** July 26, 2007, 03:43:46 PM »

Quote
Iwata: You will say Wow!!!

Wow, just this past friday they were at #9 on the rankings list.
It didn't even take them a week to jump up 4 more spaces. At this rate, by the end of the weekend they should be firmly set in the #3 spot.

pSYCO-gAMER321 · « **Reply #4 on:** July 26, 2007, 04:07:44 PM »

Well, they'll get to the #3 after Wii fit hits. Anyways, I will ALWAYS be wishing to own some of their stocks. *grumble grumble*

BlackNMild2k1 · « **Reply #5 on:** July 26, 2007, 04:15:04 PM »

Actually if you look at the list I posted above, they are barley below the #4 & #3 spots already. So, if they can climb 16billion in less than a week, then they will definately be at the #3 spot by the end of the weekend. They might have a shot @ #2 when WiiFit finally comes around. Then all that is left is a Championship Heavyweight Title Bout for the coveted #1 spot.

King of Twitch · « **Reply #6 on:** July 26, 2007, 04:26:57 PM »

Yea yea, the system after gamecube is gonna be their last/They're going third party. haw haw. Time for the microsoft occupiers to find some new propaganda.

Enner · « **Reply #7 on:** July 26, 2007, 05:05:06 PM »

Pulling in the yen! Who's at number 1?

BlackNMild2k1 · « **Reply #8 on:** July 26, 2007, 05:08:50 PM »

Quote
Originally posted by: BlackNMild2k1
Quote
Iwata: You will say Wow!!!

Wow, just this past friday they were at #9 on the rankings list.
It didn't even take them a week to jump up 4 more spaces. At this rate, by the end of the weekend they should be firmly set in the #3 spot.

Quote
Originally posted by: BlackNMild2k1
Actually if you look at the list I posted above...

...

AzureNightmare · « **Reply #9 on:** July 26, 2007, 05:13:23 PM »

IceCold · « **Reply #10 on:** July 26, 2007, 06:34:23 PM »

I said "wow"

GoldenPhoenix · « **Reply #11 on:** July 26, 2007, 08:06:12 PM »

Now if only NIntendo had done things the way Ian wanted, they would be number 1!

Mashiro · « **Reply #12 on:** July 26, 2007, 08:34:53 PM »

Last warning, no trolling!

-The Management

BiLdItUp1 · « **Reply #13 on:** July 27, 2007, 04:33:00 AM »

Hahaha...I've actually owned this stock since mid April, and since then it's gone up 66%! (In 3 months, that's pretty damn impressive)
Whoever had the good sense to get in right before E3 '06 with enough cash could probably retire early now (I don't have that kinda money, just stuff I've saved up/gifts/etc.)

Mashiro · « **Reply #14 on:** July 27, 2007, 06:26:27 AM »

Oh come now I never even got one warning <3

Quote
Whoever had the good sense to get in right before E3 '06 with enough cash could probably retire early now (I don't have that kinda money, just stuff I've saved up/gifts/etc.)

Yeah I think the same thing about apple stock a number of years ago. I knew they were going to rebound but I just was 1) too young to even play the stock-market and 2) Lacked any money to give someone to play the market for me.

Le sigh, all that potential money gain gone.

Klapaucius · « **Reply #15 on:** July 27, 2007, 09:48:28 AM »

I like how Nintendo is bigger than NTT and Honda.
Japan loves videogames more than telephones and cars

Nephilim · « **Reply #16 on:** July 27, 2007, 04:15:57 PM »

you think this would a good time for nintendo to look to expand in japan into other things

Ceric · « **Reply #17 on:** July 28, 2007, 02:58:50 AM »

Not right this second actually. I probably wait to start dabbling until after the holidays. Then I wouldn't do it directly with Nintendo. I split off a child company for the ventures. They could try instant rice again

Though its the right idea. Must company tries to find a new nitch when they are in trouble but sometimes it pays to hedge your bets when your at a peak but, do it quietly so people don't think you have loss focus.

Mario · « **Reply #18 on:** July 28, 2007, 03:51:03 AM »

Quote
Originally posted by: Klapaucius
I like how Nintendo is bigger than NTT and Honda.
Japan loves videogames more than telephones and cars

Not quite since Toyota is number one

that Baby guy · « **Reply #19 on:** July 28, 2007, 05:35:04 AM »

Quote
Originally posted by: BiLdItUp1
Hahaha...I've actually owned this stock since mid April, and since then it's gone up 66%! (In 3 months, that's pretty damn impressive)
Whoever had the good sense to get in right before E3 '06 with enough cash could probably retire early now (I don't have that kinda money, just stuff I've saved up/gifts/etc.)

I put in NTDOY right after E3 '06 with some graduation money. $2000. Not much, but not bad. It was $22 and change.

Now, It's $61.00 I've made over $3,000 In a year and a few months. Not bad at all, for not having done any work.

a4164 · « **Reply #20 on:** July 28, 2007, 06:47:19 AM »

Excellent news

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Author Topic: Nintendo Fifth Largest Company in Japan (Read 6435 times)