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Categories: Video Games

Thanks to the success of Nintendo Switch and Pokemon Go, Nintendo’s market value has climbed considerably, eclipsing Sony’s entire electronics and entertainment divisions.

According to The Hollywood Reporter, Nintendo’s market capitalization is now at $49.8 billion (5.56 trillion yen), just ahead of Sony Corporation’s current market value of $48.6 billion (5.43 trillion yen).

It’s important to note that because Sony’s interests are significantly broader than Nintendo’s, this isn’t an an entirely straightforward comparison.

Since the release of Pokemon Go last year, Nintendo’s stock is up a whopping 160 percent, having closed on Monday at 39,280 yen ($352), making for its highest value since 2008. Meanwhile, Sony’s shares closed at 4,298 yen ($38.50), and the company’s stock is currently up more than 42 percent compared to last year.

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Posted on Jun 26, 2017

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