According to what has been reported by Toyo Keizai, a book and magazine publisher specializing in economics and business has calculated that currently, the richest Japanese company of all is none other than Nintendo, which has an astonishing 11 billion dollars in cash flow available to the company.
An astonishing number, an even more impressive stat is the fact that Nintendo has ZERO debt. The industry is going through turbulence, but the business that Nintendo keeps doing and the way they are managing their financials is rare, especially in the gaming industry which is laden with overspending.
This is likely the result of the enormous sales of Nintendo Switch and its games, which brought a lot of profit plus the Super Mario Bros. Movie’s box office numbers surely helped get the company the cashflow it has now.
SOURCE: Toyo Keizai
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