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Capcom Co., Ltd.TSE:9697 Stock Report

Market Cap JP¥1.4t
Share Price
JP¥3.35k
JP¥4.1k
18.3% undervalued intrinsic discount
1Y-19.6%
7D-2.1%
Portfolio Value
View

Capcom Co., Ltd.

TSE:9697 Stock Report

Market Cap: JP¥1.4t

Capcom (9697) Stock Overview

Plans, develops, manufactures, sells, and distributes home video games, online games, mobile games, and arcade games in Japan and internationally. More details

9697 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth2/6
Past Performance5/6
Financial Health6/6
Dividends4/6

9697 Community Fair Values

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See what 26 others think this stock is worth. Follow their fair value or set your own to get alerts.

Community Contributor
US$2.5FV 54.4% undervalued intrinsic discount
3.1%Revenue growth p.a.
1.5k
6
1
21
23d ago

Capcom Co., Ltd. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Capcom
Historical stock prices
Current Share PriceJP¥3,351.00
52 Week HighJP¥5,015.00
52 Week LowJP¥2,988.00
Beta0
1 Month Change-1.24%
3 Month Change-14.86%
1 Year Change-19.58%
3 Year Change29.38%
5 Year Change99.46%
Change since IPO893.47%

Recent News & Updates

9697: Horror Franchise Momentum And AI Integration Will Support Future Margins

Capcom's analyst price target has shifted slightly lower to around ¥4,325 from about ¥4,389 as analysts refresh their models with modest tweaks to fair value, discount rate, revenue growth, profit margin, and future P/E assumptions. What's in the News "Resident Evil Requiem" has surpassed 7,000,000 units sold, highlighting ongoing interest in Capcom's flagship horror franchise (TwistedVoxel).

New IP, Same Flywheel — Pragmata Launches to Critical Acclaim as Capcom's Hot Streak Continues

In my last update, I described Resident Evil Requiem's blockbuster launch — five million copies in five days, the fastest-selling entry in the franchise's 30-year history — as evidence that the flywheel I outlined in the original narrative was accelerating. A month and a half later, Capcom has answered the most common bear case against it: can this company build new franchises, or is it just a very good steward of old ones?

9697: Generative AI And Horror Franchise Momentum Will Support Future Margins

Analysts have trimmed their price target on Capcom to ¥4,389 from ¥4,452, reflecting slightly adjusted assumptions around the discount rate, revenue growth, profit margins and future P/E, while keeping the overall view on the stock broadly intact. What's in the News Saudi-owned MiSK Foundation increased its Capcom stake to 6.04% from 5.03%, signaling continued interest from a major shareholder (Gamebiz).

9697: Generative AI And New Horror Release Will Support Future Margins

Analysts have kept their fair value estimate for Capcom steady at ¥4,451.88 per share, with small tweaks to assumptions around the discount rate, revenue growth, profit margin, and future P/E informing this unchanged price target. What's in the News "Resident Evil Requiem" recorded a larger U.K. physical launch than both "Resident Evil 4" (2023) and "Resident Evil Village" (2021), while the Nintendo Switch 2 version saw more modest volumes but outperformed "Mario Tennis Fever" in its first week on that console (The Game Business).

Requiem Delivers — RE9 Becomes the Fastest-Selling Resident Evil in History

When I published this narrative three weeks ago, I framed Resident Evil Requiem as the most significant near-term catalyst in Capcom's fiscal year and noted that strong performance could push FY2025 results well above guidance. The early data suggests that framing was, if anything, conservative.

Recent updates

9697: Horror Franchise Momentum And AI Integration Will Support Future Margins

Capcom's analyst price target has shifted slightly lower to around ¥4,325 from about ¥4,389 as analysts refresh their models with modest tweaks to fair value, discount rate, revenue growth, profit margin, and future P/E assumptions. What's in the News "Resident Evil Requiem" has surpassed 7,000,000 units sold, highlighting ongoing interest in Capcom's flagship horror franchise (TwistedVoxel).

New IP, Same Flywheel — Pragmata Launches to Critical Acclaim as Capcom's Hot Streak Continues

In my last update, I described Resident Evil Requiem's blockbuster launch — five million copies in five days, the fastest-selling entry in the franchise's 30-year history — as evidence that the flywheel I outlined in the original narrative was accelerating. A month and a half later, Capcom has answered the most common bear case against it: can this company build new franchises, or is it just a very good steward of old ones?

9697: Generative AI And Horror Franchise Momentum Will Support Future Margins

Analysts have trimmed their price target on Capcom to ¥4,389 from ¥4,452, reflecting slightly adjusted assumptions around the discount rate, revenue growth, profit margins and future P/E, while keeping the overall view on the stock broadly intact. What's in the News Saudi-owned MiSK Foundation increased its Capcom stake to 6.04% from 5.03%, signaling continued interest from a major shareholder (Gamebiz).

9697: Generative AI And New Horror Release Will Support Future Margins

Analysts have kept their fair value estimate for Capcom steady at ¥4,451.88 per share, with small tweaks to assumptions around the discount rate, revenue growth, profit margin, and future P/E informing this unchanged price target. What's in the News "Resident Evil Requiem" recorded a larger U.K. physical launch than both "Resident Evil 4" (2023) and "Resident Evil Village" (2021), while the Nintendo Switch 2 version saw more modest volumes but outperformed "Mario Tennis Fever" in its first week on that console (The Game Business).

Requiem Delivers — RE9 Becomes the Fastest-Selling Resident Evil in History

When I published this narrative three weeks ago, I framed Resident Evil Requiem as the most significant near-term catalyst in Capcom's fiscal year and noted that strong performance could push FY2025 results well above guidance. The early data suggests that framing was, if anything, conservative.

9697: Generative AI Adoption And New IP Pipeline Will Support Margins

Analysts have slightly reduced their price target for Capcom from ¥4,483 to ¥4,452, reflecting updated views on discount rates, revenue growth, profit margins and forward P/E assumptions. What's in the News "Resident Evil Requiem" recorded a larger U.K. physical launch than 2023's "Resident Evil 4" and 2021's "Resident Evil Village," while its Nintendo Switch 2 version saw more modest unit sales, although above those of "Mario Tennis Fever" in its first week (The Game Business).

9697: Generative AI Adoption In Future Game Pipeline Will Support Margins

Analysts have modestly adjusted their Capcom view by refining inputs such as discount rate, revenue growth, profit margin and future P/E. This has resulted in a price target that remains effectively unchanged at ¥4,483.13.

Insert Coin to Continue: The Investment Case for Capcom

How the RE Engine, a Decade of Remakes, and Cultural Phenomenon Status Are Powering One of Gaming's Most Durable Growth Stories I. The Thesis: Why Capcom Stands Apart As someone who has spent the better part of three decades with a controller in hand, I've watched the gaming industry cycle through booms and busts, studio closures and mass layoffs, and the slow erosion of consumer trust at the hands of rushed releases and predatory monetization.

9697: Future Game Pipeline And Generative AI Use Will Support Margins

Analysts have trimmed their price target on Capcom slightly from ¥4,517.50 to ¥4,483.13, reflecting updated assumptions that include a modest adjustment to revenue growth, a slightly different discount rate, a small change in expected profit margins, and a lower future P/E multiple. What's in the News Capcom is experimenting with generative AI tools to speed up game development processes, according to reporting from IGN.

Capcom's (TSE:9697) Earnings Are Weaker Than They Seem

Feb 03
Capcom's (TSE:9697) Earnings Are Weaker Than They Seem

Capcom Co., Ltd. Just Recorded A 31% EPS Beat: Here's What Analysts Are Forecasting Next

Jan 29
Capcom Co., Ltd. Just Recorded A 31% EPS Beat: Here's What Analysts Are Forecasting Next

9697: Future Game Launches And Generative AI Adoption Will Support Margins

Analysts have trimmed their fair value estimate for Capcom to ¥4,517.50 from ¥4,620.63, reflecting slightly softer revenue growth and P/E assumptions, partly offset by a modestly lower discount rate and a stable profit margin outlook. What's in the News Capcom is experimenting with generative AI tools with the aim of speeding up game development workflows, according to a report from IGN (IGN).

Capcom Co., Ltd.'s (TSE:9697) Share Price Not Quite Adding Up

Nov 25
Capcom Co., Ltd.'s (TSE:9697) Share Price Not Quite Adding Up

9697: Profit Margins Will Improve Amidst New Game Launches And Dividend Hike

Capcom's analyst price target was modestly reduced from ¥4,641.25 to ¥4,620.63 as analysts cite slightly slower projected revenue growth, with this being offset in part by improved profit margin expectations. What's in the News Capcom announces dividend increase to JPY 20.00 per share for the fiscal second quarter ending March 31, 2026, scheduled for payment starting November 17, 2025 (Key Developments).

Capcom Co., Ltd. Just Recorded A 11% EPS Beat: Here's What Analysts Are Forecasting Next

Oct 31
Capcom Co., Ltd. Just Recorded A 11% EPS Beat: Here's What Analysts Are Forecasting Next

Analysts Lift Capcom Price Target Amid Improved Margins and Strong Franchise News

Capcom's fair value price target has been raised modestly by analysts from ¥4,620 to ¥4,641.25. The increase is attributed to slightly stronger expected profit margins and lower discount rates, which support a marginally higher valuation.

We Ran A Stock Scan For Earnings Growth And Capcom (TSE:9697) Passed With Ease

Oct 20
We Ran A Stock Scan For Earnings Growth And Capcom (TSE:9697) Passed With Ease

Global Expansion And Digital Distribution Will Strengthen Future Position

Capcom's analyst price target has been raised modestly from ¥4,573 to ¥4,620, as analysts factor in slightly improved growth forecasts and profit margins in their updated outlook. What's in the News Capcom announced that Resident Evil Requiem, the upcoming mainline title in the Resident Evil series, will launch on PlayStation 5, Xbox Series X|S, PC, and Nintendo Switch 2 at the same time on February 27, 2026.

Capcom (TSE:9697) Has Announced A Dividend Of ¥20.00

Sep 26
Capcom (TSE:9697) Has Announced A Dividend Of ¥20.00

Global Expansion And Digital Distribution Will Strengthen Future Position

Capcom’s fair value was revised marginally lower from ¥4624 to ¥4573, as analysts made slight downward adjustments to both the discount rate and future P/E, indicating minimal change in valuation outlook. What's in the News Capcom’s "Monster Hunter Wilds" was among the top new video game releases in Europe in 2025, though it trailed behind Ubisoft’s "Assassin’s Creed Shadows" and EA’s "Split Fiction" in sales.

Capcom (TSE:9697) Will Pay A Dividend Of ¥20.00

Sep 12
Capcom (TSE:9697) Will Pay A Dividend Of ¥20.00

Global Expansion And Digital Distribution Will Strengthen Future Position

With both the discount rate and future P/E ratio remaining essentially stable, Capcom’s consensus analyst price target is unchanged at ¥4624. What's in the News Capcom's "Monster Hunter Wilds" was among the top new video game releases in Europe in 2025 but was outperformed by Ubisoft's "Assassin's Creed Shadows," which became the region's best-selling new game of the year so far (The Game Business).

Capcom (TSE:9697) Has Announced A Dividend Of ¥20.00

Aug 26
Capcom (TSE:9697) Has Announced A Dividend Of ¥20.00

Subdued Growth No Barrier To Capcom Co., Ltd.'s (TSE:9697) Price

Aug 17
Subdued Growth No Barrier To Capcom Co., Ltd.'s (TSE:9697) Price

Capcom Co., Ltd. Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

Aug 01
Capcom Co., Ltd. Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

Shareholders Would Enjoy A Repeat Of Capcom's (TSE:9697) Recent Growth In Returns

Jun 11
Shareholders Would Enjoy A Repeat Of Capcom's (TSE:9697) Recent Growth In Returns
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Global Expansion And Digital Distribution Will Strengthen Future Position

Expanding globally, especially in emerging markets and digital platforms, is expected to grow Capcom's revenues and international presence.

Why Capcom's (TSE:9697) Earnings Are Better Than They Seem

May 20
Why Capcom's (TSE:9697) Earnings Are Better Than They Seem

Analyst Estimates: Here's What Brokers Think Of Capcom Co., Ltd. (TSE:9697) After Its Yearly Report

May 15
Analyst Estimates: Here's What Brokers Think Of Capcom Co., Ltd. (TSE:9697) After Its Yearly Report

Shareholder Returns

9697JP EntertainmentJP Market
7D-2.1%-3.4%0.3%
1Y-19.6%-25.4%37.5%

Return vs Industry: 9697 exceeded the JP Entertainment industry which returned -25.4% over the past year.

Return vs Market: 9697 underperformed the JP Market which returned 37.5% over the past year.

Price Volatility

Is 9697's price volatile compared to industry and market?
9697 volatility
9697 Average Weekly Movement6.8%
Entertainment Industry Average Movement4.8%
Market Average Movement4.8%
10% most volatile stocks in JP Market9.4%
10% least volatile stocks in JP Market2.4%

Stable Share Price: 9697 has not had significant price volatility in the past 3 months compared to the JP market.

Volatility Over Time: 9697's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19793,766Kenzo Tsujimotowww.capcom.co.jp

Capcom Co., Ltd. plans, develops, manufactures, sells, and distributes home video games, online games, mobile games, and arcade games in Japan and internationally. It operates through Digital Contents, Arcade Operations, Amusement Equipments, and Other Businesses segments. The Digital Contents segment develops and sells digital game content for consumer home video game platforms and PC platforms, as well as mobile content.

Capcom Co., Ltd. Fundamentals Summary

How do Capcom's earnings and revenue compare to its market cap?
9697 fundamental statistics
Market capJP¥1.40t
Earnings (TTM)JP¥64.27b
Revenue (TTM)JP¥196.07b
21.8x
P/E Ratio
7.1x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
9697 income statement (TTM)
RevenueJP¥196.07b
Cost of RevenueJP¥72.30b
Gross ProfitJP¥123.77b
Other ExpensesJP¥59.49b
EarningsJP¥64.27b

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)153.65
Gross Margin63.12%
Net Profit Margin32.78%
Debt/Equity Ratio0%

How did 9697 perform over the long term?

See historical performance and comparison

Dividends

1.2%
Current Dividend Yield
27%
Payout Ratio

Does 9697 pay a reliable dividends?

See 9697 dividend history and benchmarks
When do you need to buy 9697 by to receive an upcoming dividend?
Capcom dividend dates
Ex Dividend DateMar 30 2026
Dividend Pay DateJun 23 2026
Days until Ex dividend34 days
Days until Dividend pay date51 days

Does 9697 pay a reliable dividends?

See 9697 dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/02 21:51
End of Day Share Price 2026/05/01 00:00
Earnings2025/12/31
Annual Earnings2025/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Capcom Co., Ltd. is covered by 30 analysts. 18 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Haruka MoriBarclays
Robin ZhuBernstein
Yoshitaka NagaoBofA Global Research