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  Powertrade posted on Nintendo Co Ltd. (NTDOY) at 1:52PM PST on September 25, 2007. RE: Nintendo becomes Japan's 2nd most valuable company

  Wow this news is actually quite surprising to me. I trade the Nintendo ADR (NTDOY), but I never kept track of the actual Japanese market cap. What I find most unbelievable is that for an economy the size of that of Japan's, a gaming company is the second largest! Of course, gaming is a bigger deal over there, but when you compare that to the fact that the largest companies here in the US are retailers (Walmart), oil companies (Exxon Mobil), banks (Citigroup), etc. its interesting that a company focused on leisure is such a big deal there.
  
  

  [ Guru ] [ Level 21 ] [ Rank: 219 ]

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  rikitikitik posted on Nintendo Co Ltd. (NTDOY) at 12:47AM PST on September 25, 2007. Article: Nintendo becomes Japan's 2nd most valuable company

  Nintendo is now Japan's 2nd most valuable company, unseating Canon Inc. Nintendo's market value of 8.34 trillion yen is still just a third of Toyota's 24 trillion yen, a very distant first place. Nintendo's increase in rank was brought about by Japan's Tuesday afternoon's 2.6% rise in share stock price.
  
  

  [ Oracle ] [ Level 21 ] [ Rank: 288 ]

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