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Nintendo is now Japan’s richest company at $11bn
Nintendo, Japan's richest company per its latest report, exceeds $11bn in cash, driven by the Switch and "The Super Mario Bros. Movie."
Toyo Keizai, a business magazine publisher, stated that the Japanese gaming company had over $11.44 billion (1.7186 trillion yen) in cash assets, believed to be bolstered by the long-running success of the Nintendo Switch and the recent box office sensation “The Super Mario Bros. Movie.” Despite these decreases, the influential game manufacturer said the platform’s performance remains strong, buoyed by a broad portfolio of million-seller titles, now numbering 24 for the period, including offerings from third-party developers. Her areas of speciality span a wide range, including technology, Diversity, Equity, and Inclusion (DEI), social politics, mental health, and nonfiction books.
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