Wario must be proud, because Nintendo is now worth more than $100 billion based on share prices. Nintendo Wire spotted that the house of Mario hit the market-cap milestone (again) and now sits as the seventh-largest Japanese company from the same criteria.

It would seem that the upcoming launch of Switch 2–alongside Mario Kart World–has propelled Nintendo’s market cap for this year so far. For instance, FinanceCharts.com shows that the company had roughly a $76 billion market cap (outstanding shares multiplied by stock price) to start 2025. While we knew Nintendo had a Switch successor in the works, it wasn’t until January 16 that Switch 2 was revealed.

In February, Nintendo surpassed a $100 billion market valuation for the first time ever, hitting an all-time high of roughly $107 billion on February 19, per FinanceCharts. There have been some notable fluctuations since then. As an example, Nintendo’s market cap was $83 billion mere weeks ago on April 23. That date stands out for being Switch 2 preorder eve in the US. The system sold out immediately on April 24.

While $100 billion is nothing to sneeze at, Apple actually became the first company to be worth $3 trillion in 2022. Keep in mind, though, that numbers don’t just continue going up like a RPG character’s level. CNBC shows that Apple’s market cap is currently below that threshold at roughly $2.96 trillion, while Xbox parent Microsoft has a $3.2 trillion market valuation.

Switch 2 is set to launch June 5 for $450. Mario Kart World will come out alongside the system for $80, sparking spirited debates about the increase in game prices. Microsoft has since announced that select first-party games for Xbox will cost $80 beginning this holiday season.