Back in July, Nintendo became the 5th largest Japanese company. Two months on, it is now Japan's second most valuable company, surpassing Canon with 8.34 trillion yen. As said so many many times before, Nintendo's fortune is fueled by the demand for both the DS and the Wii. Nintendo software also plays no small part in its fortune.
However, it will be a long way to the top, as the big mother of them all, Toyota, has a market value of 24 trillion yen, 3 times more than Nintendo. Nintendo shareholders is laughing all the way to the bank with their share quadrupling over the past 2 years.
Source: Reuters
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