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Sony only ranked fourth? Japan’s most expensive company is actually it
In Japan, many people might assume that Sony is the most expensive or top-performing company. However, recent reports from Japanese media have revealed a surprising twist using a unique metric: net cash. According to this method, which calculates the total of short-term deposits and securities minus interest-bearing liabilities, Nintendo has emerged as the most profitable company in Japan. Sony, on the other hand, only ranks fourth.
Nintendo’s impressive net cash position stands at an astonishing 894 billion yen (approximately 56.7 billion yuan). This financial strength is largely attributed to the success of the Nintendo Switch, which has continued to dominate the gaming console market. Since its release earlier this year, the Switch has maintained strong sales and even became the best-selling product on Amazon during Black Friday.
What makes Nintendo’s performance even more remarkable is the ongoing popularity of iconic franchises like "Super Mario" and "The Legend of Zelda." These titles continue to drive demand for the Switch, ensuring sustained sales and profitability. As long as these beloved games remain popular, it's likely that the Switch will keep delivering strong results for Nintendo.
With such a solid financial foundation and a lineup of highly anticipated titles, Nintendo is not just surviving in the gaming industry — it's thriving. The company’s ability to consistently deliver innovative and engaging experiences has made it a powerhouse in the global entertainment market.