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

Switch catapults Nintendo's market cap past Sony's

Investors rally to the shares on expected boost in game console's output

Nintendo plans to ramp up shipments of the Switch in July and August.

OSAKA -- Nintendo's market capitalization hit 5.44 trillion yen ($48.9 billion) on Friday, surpassing Sony's for the first time in 11 months, as the soaring popularity of its Switch console drew investors to the game developer's stock.

Sponsored Content

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

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