Nintendo's name keeps popping up on the radar screen. They've had tremendous success with the Wii, but also have solid hits with their Gamecube and DS Systems. The shares trade on the Pink Sheets in the US - under the symbol NTDOY. Nintendo finds themselves amongst the top ten highest market cap stocks that trade in Japan, recently surpassing Sony (SNE) in market cap.
Apparently educators in Japan are creating a stir as they are suggesting certain educational games for young children to play as they seek unique ways to foster learning in school children. Click here to review a report about Nintendo in Money & Markets and why teachers in Japan love the DS Game System.
Last week, Nintendo was the buzz at the E3 Summit in Los Angeles, having debuted additional new games for the Wii. Some of the new games even promise to make you healthy - very cool!
Forbes spotlighted Nintendo's financial success in a article here.
iShares Japan (EWJ), a $13 billion ETF, has over 1% of its assets in Nintendo, and it is the 12th largest holding in this particular ETF. All in all, Nintendo is a compelling story, now isn't it?
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