Capcom’s share price has hit an all-time high

videogameschronicle.com:

Capcom‘s share price hit an all-time high today.

As noted by games industy consultant Dr Serkan Toto, the company’s stock hit ¥4,865 ($36.42) on the Tokyo Stock Exchange earlier today and at the time of writing sits at the slightly lower ¥4,840.

This marks the highest share price in the history of the company, and the latest sign of continued growth in a company which, this time 10 years ago, had a share price of around ¥390 ($2.92).

The latest surge can be attributed partly to the success of the Resident Evil 4 remake, which sold over 3 million units in its first two days.

Capcom had said in January that it was on course to sell more games in a fiscal year than in any other in its history.

The company said it expected to sell 40 million game units by the end of the fiscal year ending March 31, with Resident Evil 4’s release on March 24 set to be the final part of this.

Although the company’s total game sales for the fiscal year have yet to be published, the rising share price implies the company continues to enjoy rude health regardless.

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Resident Evil 4 will receive free DLC in April which adds The Mercenaries, a mode which tasks players with killing as many enemies as possible within a time limit.

VGC’s Resident Evil 4 review called the remake “a faithful restoration of an all-time classic”, adding: Resident Evil 4 is a careful restoration of what remains one of the most compelling action games ever made.

“The core elements which make the original such a masterpiece are all here, reminding us that sometimes the secret for these big re-releases is knowing where to remake, and where to remaster.”