Nintendo was founded in 1889 as Nintendo Karuta by craftsman Fusajiro Yamauchi and originally produced handmade hanafuda playing cards. Nintendo has produced some of the most successful consoles in the video game industry, it also created numerous major franchises. It is one of the wealthiest and most valuable companies in the Japanese market, with revenue in 2021 reaching 1.759 billion yen, bringing Nintendo's total assets to 2.447 trillion yen.
The company’s milestones:
- September 23, 1889: Nintendo was founded as Nintendo Karuta by craftsman Fusajiro Yamauchi in Shimogyō-ku, Kyoto, Japan, to produce and distribute hanafuda. Due to financial problems, Nintendo produced a cheaper and lower-quality line of playing cards called Tengu and sold the cards to other cities to attract more customers.
- In 1959: Nintendo contracted with Walt Disney to incorporate his company's animated characters into the cards.
- In 1961: The company had sold more than 1.5 million card packs.
- In 1963: The company listed stock on the second section of the Osaka and Kyoto stock exchanges, and in addition, became a public company and changed its name to Nintendo Co., Ltd.
- In 1964: Nintendo earned ¥150 million.
- In 1970s: The company released Japan's first electronic toy—the Nintendo Beam Gun, an optoelectronic pistol designed by Masayuki Uemura. In total, more than a million units were sold. Other games were also released after that and gradually became popular.
- In 1973: The Laser Clay Shooting System was released.
- In 1974: Nintendo released Wild Gunman, a skeet shooting arcade simulation.
- In 1980: Announced a wholly owned subsidiary, Nintendo of America Inc. (NOA). Started selling the Game & Watch™ product line.
- In 1981: Developed and began distribution of the coin-operated video game Donkey Kong™. This video game quickly became the hottest selling individual coin-operated machine in the business. The Jumpman character in the game later became Mario and is Nintendo's mascot.
- July, 1983: The Family Computer, or Famicom, was released in Japan, along with three games adapted from their original arcade versions: Donkey Kong, Donkey Kong Jr. and Popeye.
- In 1985: The Nintendo Entertainment System™ (NES™) launched in America and became a smash hit. In the same year, Mario was first introduced in the Super Mario Bros. game.
- In 1989: Introduced Game Boy, the first portable handheld game system. Originally bundled with the Tetris game, it was an instant phenomenon. In July 1989, Nintendo held the first Nintendo Space World trade show with the name Shoshinkai for the purpose of announcing and demonstrating upcoming Nintendo products. That year, the first World of Nintendo stores-within-a-store, which carried official Nintendo merchandise, were opened in the United States.
- In 1991: The 16-bit Super Nintendo Entertainment System (Super NES) was released in the U.S.
- In 1993: Star Fox was released, which marked an industry milestone by being the first video game to make use of the Super FX chip.
- In 1996: The Nintendo 64 system launched in the U.S. along with the critically acclaimed Super Mario 64 game.
- In 1998: The Game Boy Color was released.
- In 2001: Launched the Game Boy Advance and the Nintendo GameCube systems. The Nintendo GameCube was the first Nintendo system to use optical discs instead of cartridges for its games.
- In 2004: Launched the Nintendo DS, an innovative, dual-screen handheld gaming system.
- In 2006: Nintendo introduced the Wii system and with it several advanced features. Wireless motion-sensitive controllers, built-in Wi-Fi capability, and a host of other features made Wii the best-selling later-generation console system in the world.
- In 2008: Wii became the first system purchased by more than 10 million Americans in a single year.
- In 2011: The Nintendo 3DS system launched, letting users view and play 3D content without special 3D glasses.
- In 2012: The Wii U system launched with the innovative Wii U GamePad controller.
- In 2017: The Nintendo Switch system launched, along with hits including Super Mario Odyssey and The Legend of Zelda: Breath of the Wild.
- In 2019: The Nintendo Switch Lite system launched. Designed specifically for portable play, the compact system plays the library of Nintendo Switch games that work in handheld mode.
- In 2020: Nintendo was named the richest company in Japan.
According to en.wikipedia.org, nintendo.com. Source of photo: internet