On the morning of May 13, GungHo Online Entertainment, Inc. (JASDAQ Standard) rose by its maximum allowable single day limit of 300,000 yen (approx. US$3,000). The stock increased 28.79 percent to 1.342 million yen (approx. US$13,420). The rise comes on the heels of a 17 percent gain on Friday, May 9.
The new stock price gives the company a market capitalization of 1.5445 trillion yen (US$15.7 billion), above that of Nintendo’s 1.5342 trillion (US$15.07 billion). GungHo now ranks 58th of all listed companies on Japanese exchanges, one position above Nintendo which ranks 59th.
The company’s consolidated sales for the quarter ending March 2013 came in at 30.94 billion yen (US$304 million), 9.4 times greater than those of the previous year over the same period. Group operating profits increased an astronomical 73 times year-on-year, coming in at over 18.6 billion yen (US$103 million). The company’s explosive growth is attributed in part to the popularity of its Puzzle and Dragons game, which has achieved over 13 million downloads.
Source: Alfalfalfa
Photos: GungHo
Pay-to-win mobile game sensation Puzzle & Dragons coming to Nintendo 3DS in kid-friendly form
Act of Japanese kindness touches one man’s heart, provides hope for elevator etiquette
Is China’s don’t-go-to-Japan warning affecting the lines at a popular Tokyo gyukatsu restaurant?
Three beautiful places to see Japan’s plum blossoms after starting your day in downtown Tokyo
Japan’s most famous Mt. Fuji view park cancels cherry blossom festival because of overtourism
Naruto jerseys coming to Major Leage Baseball theme nights, Hello Kitty to take over a field
Hate your job? Be honest: Is it really worse than massaging hot supermodels for a living?
These are Tokyo train lines people most want to live along【Survey】
McDonald’s Japan has free smiles on its delivery menu, but does asking for one make a difference?
Here comes a new katsudon: ice cream katsudon?!?
Starbucks Japan releases new Stanley bottles and exclusive drinkware at Reserve Roastery Tokyo
Yokai are descending upon Tokyo this spring in the latest immersive art experience
New Studio Ghibli stamps leave an impression on your stationery…and your heart
Japan cherry blossom forecast update moves up sakura dates for many parts of the country
Cherry blossom forecasts map shows Japan’s OTHER sakura season is starting right now
Japan’s Naruto theme park now offering real-world version of Minato’s kunai ninja weapon
Japan has a new bar just for people thinking about quitting their jobs, and the drinks are free
Morning-after pill finally available in Japan without a prescription, must be taken at pharmacy
And now, we eat a bear paw we bought in Japan’s Chiba Prefecture【Taste test】
Studio Ghibli turns My Neighbour Totoro characters into bag charms for everyday adventures
Japanese women sound off on their minimum height requirements for a husband【Survey】
Starbucks Japan releases new drinkware and goods for Valentine’s Day
Japan releases first official sakura cherry blossom forecast for 2026
10 times to avoid traveling in Japan in 2026
Archfiend Hello Kitty appears as Sanrio launches new team-up with Yu-Gi-Oh【Pics】
Starbucks Japan releases new Frappuccino and latte for Valentine’s Day
China’s don’t-go-to-Japan warning looks to be affecting tourist crowds on Miyajima
Our 52-year-old pole dancing reporter shares his tips for achieving your New Year’s exercise goal
Studio Ghibli releases new “komorebi” plush toys from Princess Mononoke and Spirited Away
Ramen restaurant’s English menu prices are nearly double its Japanese ones, denies discriminating
Survey asks foreign tourists what bothered them in Japan, more than half gave same answer
Japan’s human washing machines will go on sale to general public, demos to be held in Tokyo
We deeply regret going into this tunnel on our walk in the mountains of Japan
Studio Ghibli releases Kodama forest spirits from Princess Mononoke to light up your home
Major Japanese hotel chain says reservations via overseas booking sites may not be valid
Put sesame oil in your coffee? Japanese maker says it’s the best way to start your day【Taste test】
No more using real katana for tourism activities, Japan’s National Police Agency says
Starbucks Japan reveals new sakura drinkware collection, inspired by evening cherry blossoms
Updated cherry blossom forecast shows extra-long sakura season for Japan this year
Leave a Reply