ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter

Nintendo market cap hits 5tn yen

Hopes of bigger market share give the stock a power-up

Nintendo's red-capped hero rides again on the Switch.

TOKYO -- Nintendo's market capitalization reached 5 trillion yen ($45.2 billion) for the first time in eight years and five months at the market's close Thursday, thanks to foreign and domestic bullishness on its game business.

The surge lifted the Kyoto-based company above Mizuho Financial Group to the 15th-highest market capitalization on the first section of the Tokyo Stock Exchange. Nintendo also tops Nissan Motor and Takeda Pharmaceutical while just trailing Sony and Canon.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more