Nintendo is a multinational corporation headquartered in Kyoto, Japan founded on September 23, 1889 by Fusajiro Yamauchi to produce handmade hanafuda cards. In the mid-twentieth century, the company tried several small niche businesses, such as a love hotel and a taxi company. Over time, it became a video game company, growing into one of the most powerful in the industry and Japan’s third most valuable listed company with a market value of more than US$85 billion. In 2007 Nintendo ranked 10th on the list of largest software companies in the world. Aside from video games, Nintendo is also the majority owner of the Seattle Mariners, a Major League Baseball team in Seattle, Washington. According to Nintendo's Touch! Generations website, the name "Nintendo" translated from Japanese to English means "Leave luck to Heaven." As of July 15, 2008, Nintendo has sold over 460 million hardware units and over 2.7 billion video games.
In 2008, Nintendo was honored at the 59th Annual Technology & Engineering Emmy Awards for pioneering the development of handheld games with its Nintendo DS system, and for the unique user interface of the Wii.
Nintendo formerly had Nintendo Entertainment Analysis and Development (Nintendo EAD), the largest development division in the company and headed by Shigeru Miyamoto, and has worked on many major titles such as Mario, The Legend of Zelda, Animal Crossing, and Star Fox. In 2015, Nintendo EAD merged with Nintendo SPD, another development division, and became Nintendo EPD, which is still the largest division in the company.
|This article is a company stub. You can help Lylat Wiki by expanding it.