Nintendo market value tops 10 trillion yen

October 16th, 2007, 00:35 Posted By: wraggster

Not that it comes as much of a surprise, but Nintendo's growing market value doesn't seem to be showing any signs of letting up, with the company now crossing the 10 trillion yen mark (or roughly $85 billion). That magic number now makes Nintendo Japan's third biggest company (up from fifth place just a few months ago), with only Toyota and Mitsubishi edging it out for first and second place, respectively. As Reuters points out, the new value is nearly triple what the company was worth before it launched the Wii late last year (although the DS no doubt had a fair bit to do with that as well), and a fivefold increase over what it was worth two years ago.

http://www.engadget.com/2007/10/15/n...-trillion-yen/

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