Capcom hits year-to-date high on strong earnings, while Tsuburaya Fields extends streak of limit-up gains

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Summary · why it matters

On the morning of July 29, gaming and entertainment stocks led the buying on the Tokyo stock market, with Capcom reaching a new year-to-date high. The company reported the previous day that first-quarter operating profit rose 66.9 percent year on year to 41 billion yen, driven by the hit new title Pragmata and repeat sales of the Resident Evil series. Koei Tecmo Holdings rebounded on speculation of a rating upgrade by Iwai Cosmo Securities. Tsuburaya Fields Holdings extended its streak of limit-up gains to hit a new year-to-date high, after the market welcomed its first-quarter results, upward revisions to full-year earnings forecasts, and its medium-term management plan. AlphaPolis rose for a third straight day after announcing it had begun selling English-language print editions of its manga in North America and other markets.

Impact on assets 4

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

Reported first-quarter operating profit rose 66.9% year on year to 41 billion yen, driven by hit new title Pragmata and repeat sales of Resident Evil series.

Alphapolis Co., Ltd.
9467
▲ PositiveDemandrelevance

Announced beginning sales of English-language print editions of its manga in North America and other markets, expanding end-customer reach.

Consumer Discretionary▲
TSUBURAYA FIELDS HOLDINGS INC.
2767
▲ PositiveCapitalrelevance

Market welcomed its first-quarter results, upward revisions to full-year earnings forecasts, and its medium-term management plan.

Spatial Computing / AR/VR▲