Streetbeat News

CCOEY

Capcom Co Ltd

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

CEO

Kenzo Tsujimoto

Industry

Software Publishers

Open

11.65

Mkt cap

9.9B

Volume

High

11.81

P/E Ratio

45.42

52-wk high

13.75

Low

11.65

Div yield

0.01

52-wk low

7.95

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

'Street Fighter 6' from Capcom ADR (OTC:CCOEY) has sold 3 million copies in 7 months since its launch on June 2, 2023. The game's sales were boosted by DLCs, esports initiatives, and collaborations. Capcom aims to surpass 'Street Fighter 5' sales, targeting over 10 million lifetime units. The Street Fighter franchise has sold 52 million units in total, with 'Street Fighter 5' as the best-seller at 7.4 million units.

Portfolio Pulse from Franca Quarneti

January 16, 2024 | 8:58 pm

Sony Group Corp.'s PlayStation Plus January lineup includes Capcom ADR's 'Resident Evil 2 remake' and a variety of other titles. The offerings cater to different gaming preferences, featuring horror, open-world adventure, and JRPGs. The lineup also introduces new games to the Classics Catalog, providing a mix of nostalgia and new experiences for subscribers.

Portfolio Pulse from Franca Quarneti

January 12, 2024 | 6:44 pm

Capcom ADR's (OTC:CCOEY) 'Resident Evil 4' remake is available at a 50% discount for a limited time, priced at $30 instead of $59.99. The game, which is available on PS5, PS4, and Xbox platforms, features enhanced visuals, new story elements, and modern gameplay experiences. The remake uses Capcom's RE Engine and has been praised for aligning with contemporary survival horror standards while remaining true to the original story.

Portfolio Pulse from Franca Quarneti

January 09, 2024 | 8:26 pm

Valve's Steam has released its 'Best of 2023' list, featuring the top-selling and most-played games of the year. The list includes games from Electronic Arts Inc (EA), Microsoft Corp (MSFT), Warner Bros. Discovery Inc (WBD), CD Projekt ADR (OTGLY), and Capcom ADR (CCOEY). The rankings are based on sales revenue and concurrent player numbers from January 1 to December 15, 2023. New releases like Street Fighter 6 and Baldur's Gate 3 were among the high revenue generators, while Steam Deck highlighted Elden Ring and Cyberpunk 2077.

Portfolio Pulse from Franca Quarneti

December 29, 2023 | 4:19 pm

UBS AG is reinstating its equity strategist role for Japan, indicating a growing interest in Japanese equities. JP Morgan also sees potential in the market. The iShares MSCI Japan Index Fund (EWJ) provides exposure to this market. BlackRock identifies Japan as a beneficiary of global fragmentation and notes the outperformance of companies with low price-to-book ratios. Stocks with low P/B ratios like Nissan (NSANY), Honda (HMC), and Nomura (NMR) have shown strong returns, while those with high P/B ratios like Capcom (CCOEY), Daiichi Sankyo (DSNKY), and Sony (SONY) have mixed performance.

Portfolio Pulse from Surbhi Jain

December 20, 2023 | 1:38 pm

Capcom ADR (OTC:CCOEY) has confirmed plans to continue producing remakes of the Resident Evil series after the success of previous remakes. The next title for a remake has not been announced. Resident Evil 4 remake director Yasuhiro Anpo spoke at a Sony Group Corp. (NYSE:SONY) event about the positive reception of remakes and the company's intent to make more. Potential remake candidates include Resident Evil Code: Veronica and others. Capcom also committed to using its RE Engine for future projects, highlighting development speed and team collaboration benefits.

Portfolio Pulse from Franca Quarneti

December 01, 2023 | 9:08 pm

Capcom ADR (OTC:CCOEY) has teased an 'unannounced major title' set to release by March 2024. The announcement was made during Capcom's financial results presentation. The identity of the title remains undisclosed, but it is part of Capcom's strategy to boost sales figures. The company's recent releases include 'Street Fighter 6' and 'Resident Evil 4 Remake'.

Portfolio Pulse from Franca Quarneti

October 31, 2023 | 6:11 pm

Capcom ADR's (OTC:CCOEY) Resident Evil series, including 11 main entries and some DLC, is being offered for $35 on Ziff Davis Inc.'s (NASDAQ:ZD) Humble Bundle for PC gamers with a Steam account. The offer, which includes mainly modern remakes, ends on August 23.

Portfolio Pulse from Franca Quarneti

August 10, 2023 | 7:15 pm

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