Nintendo becomes second most valuable stock in Japan

[Shrygue]

via Games Industry


Nintendo stock has become the second most valuable in Japan following investor confidence in the company's performance ahead of the crucial Christmas period.

As noted by Reuters, the games giant sits behind only Canon to become the second most valuable traded company. Mitsubishi UFJ Financial Group has a bigger market value than Nintendo, but shares are currently suspended due to a imminent share split.

Shares in Nintendo were up to 59,200 JPY on Tuesday, or 3.1 per cent, bringing its market value to 8.39 trillion (GBP 36.4 million).

[wiggy fuzz]

they're al jumping on the wii ds band wagon...

and these were probably the same people who put their shares into playstation expecting the ps3 to do great

[robman84]

36.4 million pounds market value? Sounds rather low! You'd imagine a "big competitor" could easily mount an aggressive takeover just by gathering up the change down the back of their sofas!