Capcom, the Japanese video game developer, has seen its share price hit an all-time high, thanks to the success of its latest release, Resident Evil 4. The remake of the popular game sold over 3 million units in its first two days, helping to push Capcom’s stock price up to ¥4,865 ($36.42) on the Tokyo Stock Exchange, as noted by industry consultant Dr Serkan Toto. The latest figures mark a significant rise for the company, which just a decade ago had a share price of around ¥390 ($2.92).
The Success of Resident Evil 4
Resident Evil 4 has been one of the biggest successes for Capcom in recent years. The game originally released in 2005, was remade for modern consoles and released in March 2023. The game received rave reviews, with many critics calling it a faithful restoration of an all-time classic. The core elements that made the original game such a success are all present in the remake, reminding players why the game was so popular in the first place.
Capcom’s Record-Breaking Fiscal Year
Capcom has been on a roll in recent years, with the company reporting record-breaking sales figures. In January 2023, the company announced that it was on track to sell more games in a fiscal year than in any other year in its history. The company expected to sell 40 million game units by the end of the fiscal year ending March 31, with the release of Resident Evil 4 on March 24 set to be the final part of this.
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
Although the company’s total game sales figures for the fiscal year have not been released yet, the rising share price suggests that the company is still in good health. The success of Resident Evil 4 is just the latest in a string of hits for Capcom, which has been churning out successful games for years.
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The future looks bright for Capcom, with the company’s share price continuing to rise. Resident Evil 4's success is just the latest in an ongoing series of achievements for Capcom, which has been generating successful games for years. The company has promised free DLC for Resident Evil 4 in April, which will add The Mercenaries, a mode where players must kill as many enemies as possible within a set time limit.
Capcom’s stock price has hit an all-time high, thanks to the success of Resident Evil 4. In just two days, the game sold over 3 million units, making it one of the company's most successful releases in recent years. The rising share price suggests that the company is still in good health and that investors have faith in the company’s future. With free DLC for Resident Evil 4 set to be released in April, the future looks bright for Capcom.