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Capcom's Stock Enjoys Largest Jump In Five Years

kijibe
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Posted December 1, 2008 - By kijibe

Great news for Japanese video game publisher Capcom. While share price of companies like Midway's are almost worthless during this tough time, Capcom's share price just shot up the most in five years, closing at ¥1,938 (US $20.30).

The leap comes after Japan's largest financial group, Mitsubishi UFJ, who also happens to be the world's second largest bank holding company, cited Capcom's profits as "strong outperform."

Their sales, as well as revenue saw a significant increase.

Its strong finish can be attributed to Capcom's release of Monster Hunter Freedom 2G--selling 2.5 million units.

In terms of what's hot and what will sell, Mitsubishi UFJ would like us to look out for Resident Evil 5, Street Fighter IV and Bionic Commando next.

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Tags: Videogames
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