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ZhugeEX said:

Man. People need to learn what market cap is.

Market cap is the value of a company's outstanding shares.

It doesn't have anything to do with revenue or profit as is being argued above.

It's just one way of measuring the value of the company. This metric is based on investor confidence.

You measure the performance of a company using various metrics. Each metric will provide different results.

 

Anyway, keeping on topic- Nintendo's smartphone strategy + success of Switch are some of the notable reasons contributing to Nintendo's high share price right now. Next few years should be great for the company if they can capitalise on this. 

If they can levarage their IPs into media, it will be the next bold move that might pay off for them. They just need the right partner, aka not Sony Pictures Animation, like rumors in the past might have suggested.