GamesIndustry.biz reports that Capcom shares have risen by 18 percent in Tokyo trading, closing at a five-year high of ¥1,938 ($20.30). The boost came after Mitsubishi UFJ Financial Group increased its rating on the game company to "strong outperform."
Why should you care? Well, barring discussion of the worldwide economic downturn, Capcom is one of the few publishers that didn't hurl all of its AAA material into this holiday's retail warzone. In fact, Tokyo-based analyst for Mitsubishi UFJ, Hirotoshi Murakami, is quoted as saying, "The three titles to watch out for in the [fiscal] second half are Biohazard 5, Street Fighter IV and Bionic Commando." We may not be super fancy analysts, but we reckon the first half of 2009 will be kind to Capcom.
(Also, can we get Dead Rising 2 around then? Kthx.)
Capcom shares at their highest in 5 years
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