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Capcom shares rose to a five-year high thanks to Wii

Posted Sep 11, 2007 at 02:09PM by Sally B. Listed in: News, Resident Evil: Umbrella Chronicles, Resident Evil 4: Wii Edition Tags: Capcom, Japan, Credit Suisse
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Capcom - Image 1


Due to expectations for high sales rate from their Nintendo Wii titles, Capcom's stock climbed to a high 6.3 percent in the Tokyo Stock Exchange. It is the gaming mogul's highest mark since September 26, 2002. Capcom's stock rose to a total 14 percent for the past two days.

Their highest-selling titles include those of the Resident Evil franchise, whose Resident Evil 4 was included in the list of Top 10 titles in Japan, as well as in the US, for the month of June. Capcom is also banking on the horror franchise to exceed its shipment target of 620,000 units in March 31, according to Jay Defibaugh, an analyst at Credit Suisse Group.

To date, Capcom's stock has reached 33 percent for this year.
[Via Bloomberg] Permalink  |   Email this  |   Linking Blogs   |   Digg It!

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