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kod | 10 months ago

> Nintendo is Japans most successful company and Sony isn't even in the top 300

by what bizarro metric is Nintendo more successful than Toyota? debt to equity ratio is all you care about?

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bluefirebrand|10 months ago

Successful may have been the wrong term, but Nintendo is (or was last year at least) Japan's richest company.

This is not a trivial thing

https://toyokeizai.net/articles/-/713322

> debt to equity ratio is all you care about?

All I care about? No, but you cannot so easily dismiss it either

Companies, even huge ones, that are highly leveraged are in a precarious spot. A competitor could simply buy them, a bad product launch could lead to investors pulling out and the company being parted out and sold... Many industries are littered with the remains of huge, "untouchable" companies that were vulnerable because of their debt load

Companies having savings and low debt load is good for the company and its employees actually

It is only bad if you are a hyper capitalist investor idiot who doesn't care about the long term success of the company and just want to extract as much wealth as you possibly can for yourself before leaving it to crumble

kod|10 months ago

So toyota made more in net income last quarter alone than nintendo has in net cash, but they're less successful? Seems like a really weird metric.