Streetbeat News

CCOEY

Capcom Co Ltd

http://www.capcom.co.jp/

CEO

Kenzo Tsujimoto

Industry

Software Publishers

Open

10.40

Mkt cap

8.5B

Volume

559

High

10.40

P/E Ratio

38.96

52-wk high

12.20

Low

10.10

Div yield

0.01

52-wk low

7.73

The Biden administration announced a $504 million funding package for 12 regional tech hubs. California lawmakers are voting on a bill for AI safety regulations, opposed by Meta and Alphabet. Epic Games plans to relaunch 'Fortnite' on its own iPhone app store in the EU. Sega Sammy and Capcom announced new developments in their gaming franchises. Microsoft’s Xbox Game Pass has an exciting new lineup. Apple extended the deadline for iPhone 7 users to claim a settlement and declined Meta's AI chatbot proposal. Samsung introduced a new chipset for its Galaxy Watch. The EU may charge Meta with digital regulation breaches. SK Group plans significant investments in AI and semiconductors. Elon Musk shared updates on his AI chatbot, Grok.

Portfolio Pulse from Lekha Gupta

July 07, 2024 | 11:40 pm

Capcom ADR’s (OTC:CCOEY) announced that its co-op dinosaur mech game, Exoprimal, will no longer receive new content updates, just a year after its launch. Despite initial excitement, the game failed to capture a significant player base. Capcom will maintain online services and cycle through previously released seasonal content.

Portfolio Pulse from Franca Quarneti

July 05, 2024 | 5:19 pm

Capcom ADR (OTC:CCOEY) has confirmed the development of Resident Evil 9, led by Koshi Nakanishi, the director of Resident Evil 7: Biohazard. This announcement adds to Capcom's busy year, which includes rumors of Resident Evil Zero and Code Veronica remakes, and other upcoming titles.

Portfolio Pulse from Franca Quarneti

July 02, 2024 | 4:50 pm

Sony Pictures Entertainment, a subsidiary of Sony Group Corp. (NYSE:SONY), has confirmed the release date for the new Street Fighter film, set for March 20, 2026. Despite the departure of its original directors, the project is moving forward in collaboration with Capcom ADR (OTC:CCOEY).

Portfolio Pulse from Franca Quarneti

June 27, 2024 | 8:56 pm

The original Resident Evil game is now available on PC through a collaboration between Capcom ADR (OTC:CCOEY) and CD Projekt ADR (OTC:OTGLY) owned storefront GOG. Resident Evil 2 and 3 will also be available in 2024. This marks the first time the original game has been available on digital platforms since 1996.

Portfolio Pulse from Franca Quarneti

June 26, 2024 | 8:15 pm

Speculation is growing that Capcom ADR (OTC:CCOEY) might release the original Resident Evil on Steam, following a new listing on PEGI’s website for a PC version with a release date of June 18. The original game, which debuted on PC in 1996, is not currently available on major PC platforms like Steam. If the listing is accurate, it could be a re-release of the Director's Cut version. Capcom is also rumored to be working on remakes of Resident Evil Zero and Code Veronica, as well as the next mainline installment, Resident Evil 9.

Portfolio Pulse from Franca Quarneti

June 18, 2024 | 8:53 pm

Resident Evil Village has sold over 10 million copies, making it the fastest-selling game in the series. The game's success is attributed to its engaging gameplay and popular characters. Capcom ADR's Resident Evil Village Gold Edition has also contributed to sustained sales. The franchise is expected to continue with more remakes and a new installment.

Portfolio Pulse from Franca Quarneti

June 11, 2024 | 6:37 pm

Resident Evil 9 is reportedly in development with a targeted release date of January 2025, according to a reliable source within the Resident Evil community, Dusk Golem. The game has been in development for seven years. The franchise remains Capcom ADR's (OTC:CCOEY) top-selling series, with the recent Resident Evil 4 Remake achieving significant commercial success, selling over seven million units. Overall, the Resident Evil series has sold more than 154 million copies since its inception.

Portfolio Pulse from Franca Quarneti

May 03, 2024 | 8:19 pm

Capcom ADR (OTC:CCOEY) has raised its full-year earnings forecast due to the success of Dragon's Dogma 2 and Street Fighter 6, increasing the net income forecast from ¥40 million to ¥43.3 million. The dividend forecast is set at ¥70 per share. Despite a turbulent launch for Dragon's Dogma 2, it sold 2.2 million units by early April 2024. Capcom also plans to increase starting salaries for new graduates in Fiscal Year 2025 and will make a special payment to employees in fiscal year 2024. Capcom's stock is currently up 1.83% at $8.34.

Portfolio Pulse from Franca Quarneti

April 25, 2024 | 6:04 pm

Capcom ADR (OTC:CCOEY) announced the Resident Evil 4 Gold Edition, set for release on Feb. 9, featuring the base game, all downloadable content, and exclusive items. The Gold Edition will have a physical release exclusively in Europe, while the U.S. will have a digital-only version. The original Resident Evil 4 Remake, launched in March 2023, saw significant sales, surpassing six million units. This release strategy reflects a broader industry trend towards digital-only releases, with Capcom Europe announcing the physical edition via X.

Portfolio Pulse from Franca Quarneti

February 02, 2024 | 7:21 pm

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