Nintendo Reportedly Now Japan’s Richest Company

Although it probably goes without saying, Nintendo has been doing quite well for itself over the past few years, from the runaway success of the Switch, releasing many acclaimed videogames, starting an official store, opening a theme park, and even releasing a hit movie.

According to a chart from Toyo Keizai, a book and magazine publisher specializing in economics and business, Nintendo’s endeavors have propelled them to become the richest company in Japan. Toyo Keizai arrived at this figure by estimating that Nintendo has about 11 Billion stockpiled in cash, and has zero debt. The latter tidbit is especially important, as having zero debt is rare in the entertainment and game industry.

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