Posted 2/19/2024, 5:30:00 PM
Nintendo Tops List as Richest Company in Japan with Over $11B in Cash, Driven by Switch and Mario Success
- Nintendo is currently the richest company in Japan with $11.44 billion in cash and no debt
- Nintendo owes its success to the Switch, theme parks, and upcoming Mario movie
- Other major Japanese gaming companies like Bandai Namco, Square Enix, and Capcom rank lower on the list
- Sony did not make the list likely due to its over $31 billion in debt
- Nintendo's position highlights its financial strength and success since being founded in 1889