According to GameBiz, the Saudi-based investment firm Electronic Gaming Development Company (EGDC) has increased its stake in Capcom by more than one percent, raising its total stake to 6.04%. Additionally, Capcom’s investor relations report indicates that this updated investment places EGDC in fourth position on the company’s list of major shareholders. According to the aggregate data platform MarketScreener, EGDC’s investment in Capcom is valued at approximately $617 million. The website also lists Riyadh-based investment firm Ayar First Investment, which holds significant stakes in multiple gaming companies, including Nintendo and Bandai Namco, as a major investor in Capcom.
Last month, EGDC acquired a 5.03% stake in Capcom after purchasing 26,788,500 shares. The company aims to profit from increases in the company’s stock price. It is worth noting that Mohammed bin Salman owns EGDC through the MiSK Foundation. This also makes it the second Saudi entity to invest in Capcom, as the Public Investment Fund previously acquired a similar stake. The fund purchased 5% stakes in Capcom and Nexon for $1.2 billion in 2022.
During a Q&A session in its FY2025 Q3 earnings report Capcom announced that it plans to reveal more games before the end of fiscal year 2027, which ends on March 31, 2027. The company also said it will focus on both new and established game series. “We will provide details of our strategy for the next fiscal year at the time of our full-year earnings announcement,” said the company. “Within the Digital Contents business, our ongoing focus remains on both new and catalog title sales. In addition to Pragmata, new titles will be announced at a future date, and we will continue related initiatives to expanding catalog sales.” Specific details like what type of series and franchises the publisher will focus on was not revealed. Upcoming titles from the publisher include Mega Man: Dual Override, Monster Hunter Stories 3: Twisted Reflection, and PRAGMATA.
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