Kyoto (Japan) - Nintendo's market value has toppled an impressive 10 trillion yen barrier, a figure that is nearly triple what Nintendo was valued at before the launch of the Wii.

The high market value, which is a new high for the company, makes Nintendo the third most valuable corporation in Japan, behind Toyota and Mitsubishi.  Earlier this year Nintendo was momentarily #1 on that list, but growth from the automotive and electric companies has pushed it back slightly.  Japanese banks and analysts predict there is still plenty of room for Nintendo to grow.  The 10 trillion yen figure is approximately equal to $85 billion.  That puts it near the US equivalent of Disney, which is valued at around $80 billion.

Despite Sony's significantly greater presence in other markets, Nintendo's market capitalization is nearly double that of the Playstation maker.  According to Reuters, Nintendo's growth represents a five-fold increase for the company in the past two years, thanks to the Wii phenomenon, which some originally thought would lead to the demise of the company's game hardware business.

Sony & MS should take notice

Oct 15, 2007 09:24     

Nintendo, is going to launch a true "next-next gen" system with the money they are pulling in from the Wii's success in order to crush Sony and MS for "good" or until the next life cycle of the console wars heats up. Let's see I will be 38-40 by then, so I should be out of the game...not. I love console wars and I am excited that Nintendo is back in the game, even though I think the Wii is over rated (my 7 year and wife love the damn thing). Long live Nintendo and competition...now how do we get Sega to get back in the game? Game on ppl...game MF-ing on!

Richard report abuse vote down vote up Votes: +0

Everything sounds better in Yen!

Oct 15, 2007 09:35     

Would you rather have 10 trillion yen or only 85 billion dollars?
System48 report abuse vote down vote up Votes: +0

crap

Oct 15, 2007 10:53     

I wish I hadn't sold my stock now at $63... :o(
John report abuse vote down vote up Votes: +0

Pwnd

Oct 16, 2007 10:47     

Nintendo Pwnz, simply said
Josh report abuse vote down vote up Votes: +0