Nintendo Surpasses $100-Billion Market Cap for the First Time, Closing in On Fast Retailing

That Nintendo is one of the biggest companies in the world is a fact that we have known for a long time. The popular gaming company has been a giant for decades now, although you might not know that it was founded back in 1889 to produce and sell Japanese playing cards.

The company has since evolved, as you know, and is now a giant of the gaming industry thanks to its many pioneering consoles (especially the handhelds) and games, which include franchises like Zelda, Super Mario, Pokémon, and Donkey Kong.

The company has been doing well financially, and the latest numbers coming in from Japan confirm that the company has surpassed an important milestone.

Namely, according to the numbers provided, Nintendo has just surpassed the $100-billion market cap for the first time in its history, thus entering an elite group of Japanese companies that have managed to do so.

And while the numbers will surely fluctuate, this is a big milestone for the company, which is, as you can see, closing in on Fast Retailing, which is currently in sixth place. Why is this important?

Well, the Nintendo Switch 2 is coming out next month, and the whole hype, as well as the sales numbers, might push Nintendo above Fast Retailing in the upcoming months, which would be great news for the company overall. Hopefully, some of that revenue will “flow back” to the customers in terms of new products, better games, and similar.

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