Entertainment

Nintendo Net Worth in 2020

Founded in 1889, in Kyoto, Nintendo is a consumer electronics and video game company, with a long history and notable reputation. Given the fact that this company has been in the industry for such a long time, it has gained huge popularity and a wide fan base. One of the main qualities of this Japanese giant lays in the fact that the people in charge never let Nintendo to be run over by time. In other words, even the advancement and development of technology could be analyzed on the example of Nintendo, due to the fact that, from its foundation to today, it went a long way from producing handmade playing cards to some of the world’s most successful video games.

In case you are interested in reading more about this topic, including the company’s history of development, fun facts and net worth, take a look below.

A brief history of the development

The founder of the company was Fusajiro Yamauchi and the first products were handmade hanafuda playing cards. Even though there is no direct evidence, the words Nintendo is often considered to mean ‘leave luck to heaven’. Quickly after the foundation, the success followed. Therefore, Fusajiro Yamauchi enrolled into the mass production and started hiring assistants. However, financial difficulties influence the production of cheaper and lower-quality cards. In 1959, Nintendo started working with Walt Disney in order to portray Disney characters on their cards. This cooperation was a major success. Around that time, Yamauchi started investing in some other business, such as hotels and taxis; however, the success was nowhere near the one he accomplished with Nintendo.

In the period from 1969 to 1972, the first Japanese electronic toy was produced. It was a Nintendo Beam Gun, which was sold in more than a million units. After this period, came the period of electronics.
The year 1977 is very important for the development of this Japanese giant. It is the year when the production of hardware and 4 versions of the Color TV-Game home video game console. Shigeru Miyamoto was responsible for the creation of some of the most famous video games for Nintendo.

Donkey King was released in 1981 and it was an immediate success. After this, Mario was created. Fun fact is that Mario was named after Mario Segale, the landlord of Nintendo’s offices in Washington. The company reached great success, but it was only the beginning. What followed was a handheld video game series Game & Watch. The huge risk the company made happened in 1995. They released their fourth handheld system, Nintendo DS. This breakthrough and increased popularity established Nintendo as a leader in the field. Until then, the products remained unique and were advanced so that they keep up with the development of technology.

Some of the most important and famous games released include Donkey King, Mario, Splatoon, Super Smash Bros, Pokémon.

Fun Facts

Super Mario – drinking & driving?

img source: cbsistatic.com

Everybody is well familiar with the whole concept of Super Mario. Even the younger generations know and love this game, but very few people know one interesting detail about it. Originally, Super Mario and the crew were meant to celebrate their victories by drinking champagne. So, characters such as Bowser and Princess Peach were initially meant to pull out a bottle of champagne after the success. However, despite the initial idea, it was not expected due to the American involvement in the process because it was considered to inappropriate.

Nintendo phone?

According to some sources, the creators from the company in fact thought of enrolling in phone production. So, it could have resulted in the fact that besides Android or iPhone we have a new Nintendo phone. Even though it would surely be a breakthrough and unique invention, it seems that the idea was abandoned. Nevertheless, as it is can be seen from this company’s history, they have been involved in many different businesses, so who knows what the future brings?

Why Jumpman?

img source: pngegg.com

The older audience probably remembers that Mario’s debit was in Donkey King in the 1980s. He was called Jumpman. If you wondered when the jump up feature was incorporated into a game – you have found the answer. In fact, even then the creators in this company thought out of the box. Given the fact that the jump up feature (the one which is considered to be nothing special and ordinary nowadays) was pretty revolutionary back then, the characters were named Jumpman.

Net Worth in 2020

img source: fortune.com

Considering that this company has lasted for so long, and continues to set the bar high, it is one of the three most valued and richest companies in Japan. The estimated net worth is around 85 billion dollars. The majority of income is earned through breakthroughs which are by default a huge success. On top of that, Nintendo has a few subsidiary businesses which also bring earnings. Nevertheless, the future is bright for Nintendo, since its popularity and quality does not seem to cease any time soon. According to some estimations, the net worth will probably increase in the future given the fact that some of the best experts in this fieldwork there.

Conclusion

img source: digitaltrends.com

To sum up, Nintendo is by far the giant in the industry. Thanks to its long history, inventions, smart moves, and constantly keeping up with the technological developments, it has managed to survive even some hardships. One of the main advantages of this company is related to the experts who work there and constantly think out of the box. Therefore, the breakthroughs are guaranteed. Furthermore, not only does this company have a long history, but it has also made history and marked the childhood of many people. Therefore, in the present day, it is a brand that provides high-quality products.

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