Shares in this Japanese gaming group have surged 1200pc in a decade
Tapping underserved and developing markets, such as Brazil, Saudi Arabia and Turkey, with heavily discounted classic games has paid off for Capcom. The profit margin on an old $US10 game is 100 per cent.
Tokyo | While the gaming world fixates on the implications of a Microsoft-Activision deal and AI, a smaller player in their universe may deserve a closer look from investors.
Japanese game publisher Capcom’s shares are up by a third this year, outpacing the broader Tokyo market and capping off a remarkable 1200 per cent surge over the past decade. That’s in part because the $US11 billion ($16.2 billion) company has punched well above its weight, spawning Hollywood franchises such as Resident Evil and Monster Hunter.
