The share price of Japanese games giant Capcom has hit its highest point ever.
As spotted by industry analyst Dr Serkan Toto, the company’s stock rose to a peak of ¥4,865 ($36.44). The share price dropped to ¥4,840 ($36.26) by the end of trading.
The ¥4,865 peak is a 485.60 per cent increase since January 2000.
This comes in the wake of Capcom launching its remake of Resident Evil 4. The title shifted three million copies in its first two days on sale. Capcom’s spike in sales price also follows the company announcing a partnership with Colopl, Inc.
Last year, Capcom increased the salaries of its Japanese employees by 30 per cent.
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
PCGamesInsider Contributing Editor
Alex Calvin is a freelance journalist who writes about the business of games. He started out at UK trade paper MCV in 2013 and left as deputy editor over three years later. In June 2017, he joined Steel Media as the editor for new site PCGamesInsider.biz. In October 2019 he left this full-time position at the company but still contributes to the site on a daily basis. He has also written for GamesIndustry.biz, VGC, Games London, The Observer/Guardian and Esquire UK.
