In Japan’s gaming sector, Nintendo and Sony’s PlayStation are seen as the typical combatants. But what of stalwart local rival Capcom? Its successfulfranchise, a martial arts tournament game launched in 1987, means it merits more attention.
Its mobile strategy makes a lot of sense. Mobile games account for the largest segment of Japan’s gaming sector, more than 40 per cent. These are also the most profitable platform for games, with gross margins as high as 90 per cent for the most popular titles. Capcom’s share price is up 45 per cent in the past year. It trades at 26 times forward earnings, a premium to local peers including Nintendo and Square Enix. This reflects expectations of a sales boost from mobile offerings.
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Source: MetroUK - 🏆 13. / 82 Read more »