{"id":117226,"date":"2020-08-27T09:45:00","date_gmt":"2020-08-27T09:45:00","guid":{"rendered":"https:\/\/www.nintendolife.com\/news\/2020\/08\/nintendo_is_reportedly_japans_richest_company_of_2020"},"modified":"2020-08-27T09:45:00","modified_gmt":"2020-08-27T09:45:00","slug":"nintendo-is-reportedly-japans-richest-company-of-2020","status":"publish","type":"post","link":"https:\/\/sickgaming.net\/blog\/2020\/08\/27\/nintendo-is-reportedly-japans-richest-company-of-2020\/","title":{"rendered":"Nintendo Is Reportedly Japan&#8217;s Richest Company Of 2020"},"content":{"rendered":"<div class=\"media_block\"><a href=\"https:\/\/images.nintendolife.com\/8ea3ff70706c2\/large.jpg\"><img decoding=\"async\" src=\"https:\/\/images.nintendolife.com\/8ea3ff70706c2\/small.jpg\" class=\"media_thumbnail\"><\/a><\/div>\n<figure class=\"picture strip\"><a title=\"Nintendo Coins\" href=\"https:\/\/images.nintendolife.com\/8ea3ff70706c2\/nintendo-coins.original.jpg\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/images.nintendolife.com\/8ea3ff70706c2\/nintendo-coins.900x.jpg\" width=\"900\" height=\"600\" alt=\"Nintendo Coins\"><\/a><\/figure>\n<p>According to a newly posted financial analysis report, Nintendo has risen to the top of Japan&#8217;s corporate leaderboard, becoming the richest company of 2020 in the country.<\/p>\n<p>The report, from <a class=\"external\" href=\"http:\/\/blog.esuteru.com\/archives\/9566072.html\">Risk Masters<\/a>, notes that Nintendo currently has a staggering 890.4 billion yen tucked away for a rainy day (which works out at around $8.4 billion USD). With a slower-than-usual lineup of first-party releases this year, it&#8217;d be easy to assume that Nintendo wouldn&#8217;t be raking in the cash as it usually might, but <a href=\"https:\/\/www.nintendolife.com\/news\/2020\/08\/animal_crossing_new_horizons_has_sold_over_22_million_copies\">the overwhelming success<\/a> of <a href=\"https:\/\/www.nintendolife.com\/games\/nintendo-switch\/animal_crossing_new_horizons\"><strong>Animal Crossing: New Horizons<\/strong><\/a> and <a href=\"https:\/\/www.nintendolife.com\/news\/2020\/08\/nintendo_switch_sales_surpass_61_million_equalling_the_mighty_nes\">Switch hardware sales<\/a> over the past few months have helped the gaming giant to get by just fine.<\/p>\n<p>Indeed, these profits have helped Nintendo to outperform other Japanese giants in what has been a strange, difficult-to-navigate year. The report says that Shin-Etsu Chemical is the second richest this year, with 813.0 billion yen, and SMC is third with 536.7 billion yen.<\/p>\n<p>Last year, this same report revealed that Nintendo was the second-richest company in Japan, so it&#8217;s actually managed to thrive at a time when other companies have struggled.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>According to a newly posted financial analysis report, Nintendo has risen to the top of Japan&#8217;s corporate leaderboard, becoming the richest company of 2020 in the country. The report, from Risk Masters, notes that Nintendo currently has a staggering 890.4 billion yen tucked away for a rainy day (which works out at around $8.4 billion [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27],"tags":[],"class_list":["post-117226","post","type-post","status-publish","format-standard","hentry","category-nintendo-news"],"_links":{"self":[{"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/posts\/117226","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/comments?post=117226"}],"version-history":[{"count":0,"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/posts\/117226\/revisions"}],"wp:attachment":[{"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/media?parent=117226"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/categories?post=117226"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/tags?post=117226"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}