Capcom hits limit up on strong earnings, Tsuburaya Fields HD extends streak of limit-up gains

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Summary · why it matters

On the Tokyo stock market on July 29, 66 out of 96 game and entertainment-related stocks rose. Capcom surged to its daily limit up after reporting a 54% increase in revenue and a 66% jump in operating profit for the first quarter, achieving substantial top- and bottom-line growth. Tsuburaya Fields Holdings hit its daily limit up for a second straight day, driven by upward revisions to its full-year consolidated earnings forecast and medium-term management plan. Alphapolis rose for a third consecutive day after announcing the launch of English-translated print editions of its official manga in North America and other regions. On the other hand, Megachips fell for a fifth straight day, as Mizuho Securities maintained a neutral rating on the stock despite raising its target price.

Impact on assets 4

Communication Services▲
Capcom Co., Ltd.
9697
▲ PositiveCapitalrelevance

Reported 54% revenue increase and 66% operating profit jump for Q1, strong earnings.

Alphapolis Co., Ltd.
9467
▲ PositiveDemandrelevance

Announced launch of English-translated print editions of its official manga in North America and other regions, expanding market reach.

Consumer Discretionary▲
Semiconductors▲
Megachips Corporation
6875
± MixedCapitalrelevance

Mizuho Securities maintained neutral rating despite raising target price; mixed signal.