dunno001 said:
Actually, global companies are only typically traded on one market, usually a market in their home area. Microsoft is on NASDAQ; if someone in Japan wants to buy stock in MS, they have to pay the current NASDAQ pricing for it, not to mention finding a way to get it. It's the same with Nintendo- they are traded in Japan, and the prices we see are based on the Japanese listings. Anyone who buys a share, the company doesn't care where you are. They're getting the current share value, in their decided market. Yes, stock pricing is worldwide, though in some cases, getting it in a foreign market is tough. The easiest way from a corporate standpoint is to spin off part of the company in another region, and get it listed as a seperate entity there, akin to what Sony does. Legally, though, this means that the companies are seperate, with seperate reportings needed to the varying regions. It's also why Sony has to shift all their money around from division to division- to show proper profit/loss in the different reporting areas. Thus, it's still quite messy, and why a fair number of companies don't do it. |
Such as Nintendo, who only lists OTC.
“When we make some new announcement and if there is no positive initial reaction from the market, I try to think of it as a good sign because that can be interpreted as people reacting to something groundbreaking. ...if the employees were always minding themselves to do whatever the market is requiring at any moment, and if they were always focusing on something we can sell right now for the short term, it would be very limiting. We are trying to think outside the box.” - Satoru Iwata - This is why corporate multinationals will never truly understand, or risk doing, what Nintendo does.
