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Jun 24 2007

Nintendo surpasses Sony in market value

Published by Christian at 9:28 pm

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We knew Nintendo was closing in on Sony in terms of market value before, but now the line has been crossed. Nintendo Co. Ltd. shares were up 1.5% to Â¥46,150 early on Monday (remember, they’re ahead of us). Its overall market value rose to Â¥6.54 trillion (US$53 billion). In comparison, Sony Corp. shares fell 1.1% to Â¥6,480, the company’s market value now totaling Â¥6.50 trillion.

As a result, Nintendo is now in the Top 10 companies in market value in Japan for the first time ever. Among those on the list are Toyota Motor Corp., Honda Motor Co. Ltd., and Canon Inc.

UPDATE: Figures have been updated according to the changes in the Reuters article. The original numbers were posted while trading was still active for the day. The current numbers should be from the close of Monday’s trading.

Reuters

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9 Responses to “Nintendo surpasses Sony in market value”

  1. # GamexViral » Blog Archive » Nintendo surpasses Sony in market valueon 25 Jun 2007 at 4:11 am

    [...] Story found in: Thetanooki [...]

  2. # Sushion 25 Jun 2007 at 4:54 am

    Wow….I do wish I had bought some Nintendo stock three years ago. But the success of the DS and Wii was so unexpected.

  3. # VeronicasLore.com » Nintendo officially worth more than Sonyon 25 Jun 2007 at 6:06 am

    [...] Get the whole scoop here… [...]

  4. # Stirrdup Trackbackon 25 Jun 2007 at 7:14 am

    Nintendo surpasses Sony in market value…

    This story has been submitted to Stirrdup. If it can generate enough interest, it will make it to the main page….

  5. # geekelixir » Blog Archive » Nintendo finally PWNS sonyon 25 Jun 2007 at 12:08 pm

    [...] For more info on Nintendo’s leap forward in market value [...]

  6. # Aggravated Gamers » Nintendo officially worth more than Sonyon 26 Jun 2007 at 1:58 am

    [...] of Sony, making Nintendo one of Japan’s Top 10 companies in market share for the first time.read more | digg story Share: These icons link to social bookmarking sites where readers can share and [...]

  7. # geekMethod.com - Weekly tech, internet, computer and social geek podcast » Blog Archive » Podcast 35 - Indy could kick ass in a wheelchair as far as we’re concernedon 26 Jun 2007 at 3:42 pm

    [...] Nintendo surpasses Sony in market value [...]

  8. # Nintendo officially worth more than Sony « Nintendo Wiion 05 Oct 2007 at 4:20 am

    [...] read more | digg story [...]

  9. # nintendo » Blog Archive » Nintendo officially worth more than Sonyon 31 May 2008 at 7:40 pm

    [...] read more | digg story [...]

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