preview

Case Study : Nintendo 's Nintendo

Better Essays

COMPANY NAME: Nintendo Co., Ltd.
INDUSTRY: Technology and Communication
COMPANY WEBSITE: www.nintendo.com

COMPANY BACKGROUND:
Founded in the year 1889 by Fusajiro Yamauchi is Japan’s Nintendo Playing Card Co., Ltd, now popularly known as Nintendo Co. Ltd. with Satoru Iwata as the Company’s CEO. The name change was done in the year 1963. As of year ending 30th June 2010, the gross income of the Company was $11.98 billion and the net income figure was $1.01 billion. This case study is mainly on the launch of the company’s famous product the Nintendo Wii. This product of Nintendo Co. Ltd has recorded sales of thirty million Wii which makes it the fastest selling console in the history of U.S. The company strategy was to exploit the new and untapped market and thus was successful in becoming the market leader and a top competitor in the industry. Looking at the great success of Wii and its controls, companies like Sony and Microsoft have decided to launch their Xbox 360 and PlayStation 3 motion controls shortly during this year. It is now to be seen if these two products will be able to bridge the gap of sales lead between Wii and the other competitive products in the market.
SWOT ANALYSIS
Strengths: The major strength of Nintendo against the other consoles in the market is the mover advantage it has, by using the Wii remote and balance board you can turn the video gaming into a healthy exercise session. The other strengths include a strong brand name, a menu that is

Get Access