Capcom Stock Price Rise After Resident Evil 4 Remake Launch
Resident Evil 4 Remake launch has lead to Capcom hitting an all-time high share price rise today in company history.
Capcom Stock Price Rise After Resident Evil 4 Remake Launch |
Enjoying a massive success at release, 2023 action survival horror game Resident Evil 4 Remake from developer/publisher Capcom had second-best launch in franchise history by shipping over 3 million copies in only first two days of debut.
It also attracted over 125,000 players on Steam at launch, surpassing highest player number of Dead Space Remake. Meanwhile, share price for Capcom hits an all-time high following release of Resident Evil 4 Remake across all platforms.
As reported by games industry consultant Dr. Serkan Toto of Kantan Games Inc., share price of Capcom has hit ¥4,865 ($36.42) today on Tokyo Stock Exchange and has later settled to ¥4,840, reaching highest cap of their company history.
This marks a sign of continued growth for Capcom and even this time 10 years ago, their share price was around ¥390 ($2.92). Latest surge in stock value could be largely attributed to recent launch of RE4R and its inspiring sales numbers.
Kantan Games CEO Dr. Serkan Toto shared a screenshot showing Capcom's stock hitting ¥4,865 on Twitter.
It's Monday noon in Japan where Capcom's stock today hit 4,865 yen earlier in the morning, an all-time high for the company.
— Dr. Serkan Toto / Kantan Games Inc. (@serkantoto) April 3, 2023
(Screenshot shows the price at the current 4,850 yen.) pic.twitter.com/xexMEtfNyp
Capcom published a financial result in January saying they are expecting to sale more games in a fiscal year than its entire history. They reportedly have plans to ship 40 million game units by end of current fiscal year, ending on March 31.
Resident Evil 4 Remake launching on March 24 has made it a part of Capcom's early forecast in ongoing fiscal year. Although they have yet to share total game sales for this fiscal year, recent rise in share price indicates their good growth.