Nintendo Second Most Valuable Company In Japan

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Nintendo Second Most Valuable Company In Japan
Nintendo is now the second most valuable company in Japan, having surpassed Canon Incorporated thanks to investors highly rating the Wii and DS's sales chances in the run up to Christmas - at least according to the Reuters news agency.

Nintendo is currently second only to Toyota with a value of 8.39 trillion yen (£36.4 billion), although the car manufacturing giant is still worth three times Nintendo's value at 24 trillion yen (£104 billion).

Mitsubishi is potentially worth more than Nintendo, but trading of its shares has been suspended this week due to an upcoming 1,000 to one share split.

KBC Securities analyst, Hiroshi Kamide, said, "I think it's reasonable to think that this Christmas Nintendo strategy of catering to both core and casual gaming markets will succeed again." SPOnG knows certain "core" gamers who might argue that releasing Metroid Prime and Mario Galaxy does not quite add up to catering for them, but we don't want to be contrary.

Nintendo shares have more than quadrupled over the last four years, initially thanks to the DS's success and subsequently with the help of the Wii.

Source: Reuters
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Comments

deleted 25 Sep 2007 10:18
1/9
Its great to see Nintendo doing these kind of figures i dont think anyone really wanted to see ninty go the way of Sega, even PS3 & 360 Fanboys would of been disapointed if that happened,

Next on the list for world domination is Nintendo Cola! the worlds favourite Cola!
YenRug 25 Sep 2007 13:14
2/9
Nintendo would never have had the same problems as SEGA; whilst the GameCube was disastrous with regard to market share and product perception, they were still making a profit on the system. Underlying this, the company still had reserves of something in the region of US$6bn, whereas SEGA was in debt when they were struggling with the Dreamcast and their eventual takeover by Sammy.

So, whilst Nintendo were saying they would pull out of the videogame market, should the Wii fail to outperfrom the GameCube (thankfully unlikely, over half the number of GameCube systems sold in the space of a year), that would not have meant the end of the company. As to what they would have moved onto, that would have been anyone's guess, though I'm guessing the handheld systems might have become the company focus for a while.
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Smelly 25 Sep 2007 21:09
3/9
"Nintendo would never have had the same problems as SEGA; whilst the GameCube was disastrous with regard to market share and product perception"


See i never understood why people always state this. It sold about as many units worldwide as the xbox did!
tyrion 26 Sep 2007 07:34
4/9
Smelly wrote:
See i never understood why people always state this. It sold about as many units worldwide as the xbox did!

This is true, Gamecube did sell roughly the same number of units worldwide as the original Xbox. The issue comes, I think, from the US where the Xbox outsold the Gamecube - we all know that the Internet is greatly influenced by the opinions of people in the US, simply due to the numbers of them online.

On the other hand, the Xbox was selling quite well right up until the point that Microsoft dropped it like a hot, money losing brick just after the 360 launched. Whereas the Gamecube was really just limping along in terms of sales by the time the Wii came out.

I think if Microsoft could have afforded to keep the Xbox going alongside the 360, it would have outsold the Gamecube by a more distinct margin.
deleted 26 Sep 2007 16:01
5/9
tyrion wrote:
Smelly wrote:
See i never understood why people always state this. It sold about as many units worldwide as the xbox did!

This is true, Gamecube did sell roughly the same number of units worldwide as the original Xbox. The issue comes, I think, from the US where the Xbox outsold the Gamecube - we all know that the Internet is greatly influenced by the opinions of people in the US, simply due to the numbers of them online.

On the other hand, the Xbox was selling quite well right up until the point that Microsoft dropped it like a hot, money losing brick just after the 360 launched. Whereas the Gamecube was really just limping along in terms of sales by the time the Wii came out.

I think if Microsoft could have afforded to keep the Xbox going alongside the 360, it would have outsold the Gamecube by a more distinct margin.



My point was that if the Wii was unsuccessful then they may go the way of Sega in the home console market (by this i didnt mean they would suffer massive losses and such just that they would pull out of the home console market) do you agree or disagree with that Tyrion,

If Nintendo Wii failed what would the impact of been?
tyrion 26 Sep 2007 17:27
6/9
haritori wrote:
If Nintendo Wii failed what would the impact of been?

Depends on how you define "failed". If only just enough were sold to cover the R&D costs then Nintendo would probably have taken a gamble on another round of hardware. Remember they have the "it prints money" DS to fall back on.

It would have taken both the DS and the Wii to have failed by quite a large margin for Nintendo to have considered going software only.
Anonymous 7 Oct 2007 01:45
7/9
You guys owe nintendo a bunch, if it wasn't for the success of the Wii, the PS3's price wouldnt have went so down to the point of 299.99 pounds from 424.99 pounds for the 40 gb model in the UK. In my opinion, this is all led by the success of the Wii, this is good news to all gamers worldwide, and hopefully, since Nintendo has so much money, they will take more risks at making one serious game to every 10 casual game. it just makes sense ... i think ? 1:10 ... nerds shouldn't be too disaapointed by that...
deleted 7 Oct 2007 11:10
8/9
Anonymous wrote:
You guys owe nintendo a bunch, if it wasn't for the success of the Wii, the PS3's price wouldnt have went so down to the point of 299.99 pounds from 424.99 pounds for the 40 gb model in the UK. In my opinion, this is all led by the success of the Wii, this is good news to all gamers worldwide, and hopefully, since Nintendo has so much money, they will take more risks at making one serious game to every 10 casual game. it just makes sense ... i think ? 1:10 ... nerds shouldn't be too disaapointed by that...


Your comment on the Wii creating a PS3 price cut is stupid, the reason the PS3 has dropped price is becasue it isnt selling as well at the price it is now, if you want to blame a console for the PS3 price cut its the 360, even though its more on the fact it isnt selling like people thought, no one is bashing the Wii here and we owe Nintendo nothing, we pay for the system and its games and nintendo has reaped those rewards through that, and just because the PS3 is cheaper now doesnt mean its a benifit as such, it still needs software and people to buy it!

Why must people state we owe companys a debt because they have created something good or new, do we owe Apple for creating the iPod (no we pay for it and itunes and we pay over the odds) do we owe LG for creating HDTV (No we pay for it) just because someone or some company creates a way to stop there company going under ( like all good companys should) doesnt mean we owe them a thing after all if they dont perform they go out of business and some other comany replaces them its all supply and demand and if we demand it someone will supply it and the debt we owe, they get by the price tag!

As for Nintendo risks, sure they are creatng new types of games but thats becasue they have too now, if they released a standard console do you think we would see, the games we are getting now?, its not about risk its about good development and use of avalible tools nothing to do with risk, and those games are needed who would by a wii with motion sensing if the games didnt use it, and who would continue to buy games for Wii if those games didnt innovate?, i own a Wii and so far im OK impressed its not as revolutionary as they state it is and its getting boring waving my Wiimote around now, i play my 360 more why beacuse the gameplay is still there and my Wii well its novelty is showing, ask me again though next year lets see what RISK! makes me stay with them
DoctorDee 7 Oct 2007 11:59
9/9
haritori wrote:
Next on the list for world domination is Nintendo Cola! the worlds favourite Cola!

As long as they didn't start turning a blind eye to the murder of trades union activists in South America, or messing with the water in India, I'd buy it.

Think before you drink!


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