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Forums - Sales - Nintendo now Japan's fifth largest company

ItsaMii on 26 July 2007

Before anyone says "It prints money", I would like to say that Nintendo is on a new level. It turns things into gold, Midas style.



Satan said:

"You are for ever angry, all you care about is intelligence, but I repeat again that I would give away all this superstellar life, all the ranks and honours, simply to be transformed into the soul of a merchant's wife weighing eighteen stone and set candles at God's shrine."

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MontanaHatchet on 26 July 2007

Nice for them, but they aren't going any farther. 3.6 billion dollars is a long way to go for Nintendo. I don't see it happening anytime soon.

However....

IS THERE NO STOPPING NINTENDO?



 

 

Punisher on 26 July 2007

And going through it's way to the 4th place and then to 3th place :p



Nothing's cheaper than something free.

F1 vs FOTA, when too much power is in couple peoples hands.

---------------------------------------------------------------

WiteoutKing on 26 July 2007
MontanaHatchet said:
Nice for them, but they aren't going any farther. 3.6 billion dollars is a long way to go for Nintendo. I don't see it happening anytime soon.

However....

IS THERE NO STOPPING NINTENDO?

 The position it was at last week is approximately $10 billion dollars lower.  I see it happening this week.



PS3: 5.51m/51w, avg 108,039/w (up 239)
360: 12.93m/102w, avg 126,764/w (up 625), leads PS3 by 7.42m (up 70k), avg lead 18,725/w (up 386)
Wii: 13.52m/51w, avg 265,098/w (dn 1,102), leads PS3 by 8.01m (up 90k), avg lead 157,059/w (dn 1,341)

If 360 sales stabilize, PS3 sales increases needed to pass 360 by...
01/08: (008w) +875.8%, 04/08: (021w) +344.4%, 07/08: (034w) +219.3%, 10/08: (047w) +163.5%
01/09: (060w) +131.8%, 04/09: (073w) +111.4%, 07/09: (085w) +098.1%, 10/09: (099w) +086.7%
If Wii sales stabilize, PS3 sales increases needed to pass Wii by...
01/08: (008w) +1072.%, 04/08: (021w) +498.4%, 07/08: (034w) +363.4%, 10/08: (047w) +303.1%
01/09: (060w) +269.0%, 04/09: (073w) +246.9%, 07/09: (085w) +232.6%, 10/09: (099w) +220.3%
If PS2 sales freeze, Wii sales increases needed to pass PS2 (as of Mar07, 108.4m) by...
2008: (008w) +4373.8%, 2009: (060w) +0496.5%, 2010: (112w) +0219.6%, 2011: (165w) +0116.9%
2012: (217w) +0064.9%, 2013: (269w) +0033.1%, 2014: (321w) +0011.5%, 2015: (376w) -0004.8%
At +0% it will pass it in 358w, the week ending September 19th, 2014, at an age of 409w (7y44w).
Current age of PS2: 7y37w.

Last update: Week ending November 3, 2007

SilentWolf on 26 July 2007
WiteoutKing said:
MontanaHatchet said:
Nice for them, but they aren't going any farther. 3.6 billion dollars is a long way to go for Nintendo. I don't see it happening anytime soon.

However....

IS THERE NO STOPPING NINTENDO?

The position it was at last week is approximately $10 billion dollars lower. I see it happening this week.

Yes, and they were apparently in ninth according to this thread. http://www.vgchartz.com/forum/thread.php?id=4529

 



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BenKenobi88 on 26 July 2007

What is this, Nintendo's going all No More Heroes on the Japanese market?



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BenKenobi88 on 26 July 2007

I could see it passing Mitsubishi next year...though I really have no clue about business markets...just at the rate it's going anyway...



LEFT4DEAD411.COM
Bet with disolitude: Left4Dead will have a higher Metacritic rating than Project Origin, 3 months after the second game's release.  (hasn't been 3 months but it looks like I won :-p )

MontanaHatchet on 27 July 2007

It is possible that Nintendo could pass Canon, and perhaps Mizuho FG, but that is REALLY stretching it. The wealth Mitsubishi and Toyota have is so high above the other companies.

Every company has its limits, and it nigh impossible that Nintendo could take on the Japanese car industry.



 

 

Erik Aston on 27 July 2007

Nintendo could only pass Toyota if they had a major decline over the next several years.

However, I think they'll catch Mitsubishi. Remember, Nintendo was only worth about 12-13 billion before they launched DS. They've grown about 6 times over already. And they're in the tech market where it will be easy to become overvalued, like Microsoft in the late 90s or Google today.



"[Our former customers] are unable to find software which they WANT to play."
"The way to solve this problem lies in how to communicate what kind of games [they CAN play]."

Satoru Iwata, Nintendo President. Only slightly paraphrased.

your mother on 27 July 2007
MontanaHatchet said:
It is possible that Nintendo could pass Canon, and perhaps Mizuho FG, but that is REALLY stretching it. The wealth Mitsubishi and Toyota have is so high above the other companies.

Every company has its limits, and it nigh impossible that Nintendo could take on the Japanese car industry.

That's why companies expand and downsize depending on the situation. Nintendo could expand further, you know, in the same way Sony expanded from a torn-down, WWII warehouse to the global giant it is. When Sony started, the assembly line workers needed to use umbrellas when it rained because the roof of the warehouse was pockmarked with holes. They made one product back then - the precursor to the Walkman - and the magnetic tape that goes along with it. Back then there was no Walkman market - so Sony created the market by selling walkmans (they weren't called "walkmans" back then) to schools as teaching aids.

Eventually they grew to what they are today (They didn't have that kind of money back then, I can assure you!). The Playstation business unit may be downsized given current performance, but during the PS2's heyday that particular business unit grew like mushrooms after rain.  Things change and companies adapt to the situation. Nothing is set in stone. If it were, Sony would still be in that rundown warehouse with one product to sell - the Walkman.

So give credit where it's due. Nintendo is doing great right now, and despite its current limits, there is no reason why they can't grow if the situation warrants it. That can also very well mean surpassing other companies along the way.