Money Money: Nintendo Enters Japanese Top 10

Just be glad I'm far too lazy to go digging for the trusty old 'It Prints Money!' graphic. Riding on the crazy success of the DS and strong Wii sales, Nintendo stocks have shot through the roof in Japan, with shares valued at 46,350 yen (roughly $375), giving the company an overall value of 6.57 trillion yen ($53 billion), placing them in the ranks of Japan's top ten most valuable companies.
These numbers also inch them ahead of competitor Sony with a value of 6.48 trillion yen. Nintendo spokesman Ken Toyoda expressed the company's satisfaction with the market results.

"We thank the high evaluation on us from the market," commented company spokesperson Ken Toyoda. "We want to meet market expectations with expansion of our DS and Wii sales."

Nintendo is pretty golden right now. With major publishers shifting focus towards their systems and new DS and Wii-focused development studios opening every day, I'd expect those numbers to keep on growing. After all, Nintendo fanboys are gamers. Michael Fahey
Nintendo enters top ten of most valuable Japanese companies [GamesIndustry.biz]

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