The Wii effect is no more evident anywhere than in a graph showing the rise of Nintendo's share price on the Tokyo Stock Exchange over the last six to twelve months. With the gaming firm's shares having doubled in value within eight months, the Big N now find themselves positioned as Japan's second most valuable company by share price - with only Toyota ahead of them.

Shares were priced at 28,320 Yen (122 GBP) in January, but huge Wii and DS sales saw the company peak at 61,400 Yen (265 GBP) in July. Since then, currency jitters have hit stock, but the company hit 55,100 Yen in early September with financial experts setting a stock price target of 100,000 Yen (431 GBP).

Shares yesterday rose 3.1% to 59,200 Yen, as predictions proved accurate, the company securing the number spot with a market value of 8.39 trillion Yen (36Bn GBP), pushing Canon into third. Toyota are the largest Japanese firm by some margin, boasting a market capitalisation of 24 trillion Yen.

Beyond this milestone Nintendo could soon lose the number two spot to Mitsubishi UFJ Financial Group, who's shares are suspended pending a 'stock split'. The firm is expected to be valued at 11 trillion Yen.

Source: GameSpot

By Luke Guttridge

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