Nintendo’s market cap is now higher than Sony’s for the first time since last year’s Pokémon GO craze

On the Tokyo Stock Exchange earlier today, June 23, Nintendo has hit a market cap of ¥5.44 trillion ($48.9 billion), compared to Sony Corporation with a market cap of ¥5.40 trillion ($48.5 billion). Nintendo is now one of the 15 companies by market cap on the Tokyo Stock Exchange ahead of companies like the Mizuho Financial Group and Nissan Motors. Nintendo’s market cap once reached 10 trillion yen in 2007 amid the initial success of the Wii console, only to later sink back to one trillion yen. The last time Nintendo valued more than Sony was for a single day during the Pokémon GO craze last year.

Source: NeoGAF

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