For the first time in its history, Nintendo surpasses $100 billion in stock market value
, by Thibaut
The Switch generation has been more than beneficial for Nintendo. After all, the console has surpassed 150 million units sold in eight years, making it the third best-selling machine of all time.
Nintendo has also reached a new financial milestone. According to CompaniesMarketCap, the manufacturer currently has a market value of $100.16 billion, which makes it the seventh-largest Japanese company by market capitalization. The podium is occupied by Toyota ($252.16 billion), Sony ($156.31 billion) and Mitsubishi ($142.22 billion).
This is also the first time Nintendo has passed the $100 billion mark on the stock market. Since the presentation of the Switch 2 in early April, the company's share price has risen by 34.33%.
Source: companiesmarketcap.com