A BusinessWeek list of the Top 40 companies in the world is topped by none other than Japanese videogame maker Nintendo.
The list, commissioned by BusinessWeek from consulting firm A.T. Kearney, started out with the 2,500 largest publicly listed companies in the world, then took only those with a minimum of $10 billion in sales. Further extrapolation thinned the herd to companies with at least 25% of their earnings coming from outside their home region. Finally, companies were rated on sales growth and value creation over the past five years.
Nintendo’s sales have risen 36% annually over the past five years according to BW, which added:
Despite the hard times of the past year, Nintendo's continued emphasis on innovation has helped the company develop must-haves such as the DS handheld game machine and the Wii console, which outsold rival offerings from Sony and Microsoft .
Google took second place, followed by Apple in third.