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https://en.wikipedia.org/wiki/List_of_the_highest-grossing_media_franchises

You only need to look at this, really. THE biggest entertainment franchise in the history of entertainment. Nintendo is the major shareholder of this. That IP alone is probably worth more than any Sony division could even dream of being. Nintendo isn't going anywhere. If you are going to discuss the value of a company, surely IP's should come into the equation? That IP right there is probably worth almost unaccountable amounts.