With the release of CAPCOM’s remake of their iconic Resident Evil title, CAPCOM’s stock prices have skyrocketed. This is also due to the fact that CAPCOM has been releasing some great titles over the past few years. So how high are CAPCOM’s share prices now? Was it really because of Resident Evil 4 Remake?
CAPCOM Share Prices At An All-Time High
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.
(Screenshot shows the price at the current 4,850 yen.) pic.twitter.com/xexMEtfNyp
— Dr. Serkan Toto / Kantan Games Inc. (@serkantoto) April 3, 2023
It was reported by the video games industry consultant Dr. Serkan Toto that Capcom’s stock hit a staggering 4,864 Yen or 36.42 US Dollars on the Tokyo Stock Exchange earlier today. CAPCOM’s share price currently sits at a lower but comfortable 4840 Yen or 36.33 Dollars.
This marks a milestone stock price in the company’s history, as it’s the highest price per share for a piece of Capcom stock. CAPCOM is having a field day with over 10 years of upwards growth. A decade ago, the company’s stock stood at around 390 Yen or a mere 2.92 dollars per share.
This all-time high stock price can certainly be attributed to the worldwide success of the Resident Evil 4 Remake. The title managed to sell a staggering 3 million units in the first two days.
Earlier in January, the company stated that it set on a course to sell more games in one fiscal year than in its history. It’s expected that CAPCOM might manage to sell a total of 40 million game units worldwide by the end of the fiscal year. The fiscal year will end on March 31.
With that said, the company is yet to publish any sales figures for the fiscal year. Regardless, the company’s high share price means they’re enjoying some decent sales figures and worthwhile investments.
So what are your thoughts on Capcom’s share price hitting an all-time high? Do you want a piece of CAPCOM’s stock? Let us know your thoughts in the comments below.