Tokyo, (EFE) .- Nintendo touched a new stock capitalization record, above 15 billion yen (more than 100,000 million dollars), exceeding Fast Retailing, the matrix of the Uniqlo clothing stores.
The market capitalization of the firm as of April was 15,363 billion yen (107.5 billion dollars) and was located as the fifth largest company between 1,631 that make up the main section of the Tokyo Stock Exchange, the largest capitalization.
The Japanese video game developer and distributor surpassed Fast retiling for the first time in the ranking and starting this month was preceded only by the automobile giant Toyota, the technological multinational and its direct competitor in the Sony digital leisure sector, the Mitsubishi UFJ bank and the Hitachi electronics firm Japanese, Japan Exchange.
Lee: Nintendo fans in Japan try Switch 2 before launching in the midst of tariff concerns
Nintendo has lived a golden financial era during Switch’s life, whose family of consoles has sold more than 150 million units worldwide, spraying the previous record of the now second best selling desktop console of the company, Wii, which was discontinued in 2013 after selling 101.63 million.
The company based in Kyoto has sold about 1.36 billion copies of games for the Switch platform.
Nintendo shares rose 1.77% in Friday’s session, renewing a renewed record value of 86.27 dollars, amid the expectation of the launch on June 5 of the console successor, Switch 2, of which reservations have been exhausted in Japan.
The Japanese stock market remained closed this Monday and Tuesday by holiday and experienced a volatile opening on Wednesday, while investors assimilate the new tariff threats of President Donald Trump to the film and pharmaceutical industries, but after the first 20 minutes of session, Nintendo remained at record levels, with a 0.3%nearby rise.
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