Hong Kong Witnesses First Aston Martin One-77 Crash

2013 Volkswagen CC Gets Sporty R-Line Trim

Formula 1 Monaco Grand Prix Weather Forecast
Sarrazin Gains Final Seat For Toyota Racing At Le Mans

Indy 500 Carb Day Practice To Franchitti; Dixon Takes IZOD Pit...

Volkswagen Golf R Cabrio Patent Photos Revealed
2013 Cadillac XTS Configurator Launched

BMW Zagato Coupe Unveiled At Villa d'Este

New Firestone Indy Lights Formula For 2014

Honda overtaken by Nintendo in market value

Viknesh Vijayenthiran

Editor BIO

Vik is an Editor at High Gear Media and contributor for a number of sites within the High Gear Media network. He was a co-founder of... More

LATEST ARTICLE
Hong Kong Witnesses First Aston Martin One-77 Crash
The number of working Aston Martin One-77 supercars in existence has now dropped from an original... Read More

#1LEADERBOARD RANK
7401ARTICLES CONTRIBUTED
82COMMENTS POSTED

2 1,851 views Jul 30, 2007

Follow Viknesh

Add to circle

Honda overtaken by Nintendo in market value

Enlarge Photo

Videogame maker Nintendo has overtaken industry heavyweights such as Honda and Nissan to become the fifth most valuable company in Japan on the back of recent positive profit results. Thanks largely to the new Wii console and the DS handheld console, Nintendo was able to improve sales and has overtaken arch-rivals Microsoft and Sony in key markets, pushing its market capitalization sky-high.

Other companies pushed out of the way include NTT (Japan’s biggest telco) and Sony, the maker of the Playstation consoles and one of Nintendo's biggest rivals. The company you've got to feel sorry for the most, however, is Honda. Here’s a company that has been building some of the most reliable and highly engineered cars for almost 60 years and it’s now overtaken by a company that can attribute most of its success to a couple of Italian plumbers and a gorilla. Soichiro Honda must be turning in his grave.