Nintendo Ranked 3rd in Tokyo Stock Exchange Market Capitalization

Dec. 29 1:15 PM by Alicia Ashby

So what's market capitalization, and why should you care about it? Well, Wikipedia's handy article on the subject defines it as...

a measurement of corporate or economic size equal to the share price times the number of shares outstanding of a public company. As owning stock represents owning the company, including all its assets, capitalization could represent the public opinion of a company's net worth and is a determining factor in stock valuation.

Now, according to this Jiji Press article, presented via Black Enterprise, Nintendo's jumped from 16th on the Tokyo Stock Exchange market capitalization ranking for last year to 3rd for the new ranking. Not only does this put a tangible price on the dramatic success of the Wii and DS, but it indicates there are really only two Tokyo Stock Exchange companies with shares people want to own more than Nintendo.

Wow. It really does print money.

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