Capcom Co Ltd (JP:9697)
:9697
Want to see JP:9697 full AI Analyst Report?
Top Page
Capcom Co
(9697)
Select Model
Select Model
Rating:65Neutral
Price Target:
¥3,278.00
▼(-10.66% Downside)
Action:Reiterated
Date:05/15/26
The score is driven primarily by strong underlying financial quality (high profitability and a very conservative balance sheet), offset by weakened recent fundamentals (FY2026 revenue drop and softer cash conversion). Technicals are notably weak with the stock below major moving averages and negative MACD, while valuation is moderate with only a modest dividend yield.
Positive Factors
High Profitability & ROE
Capcom has sustained high net margins and returns (ROE ~20%+), indicating efficient capital use and durable profitability. High returns enable reinvestment into studios, IP development and shareholder programs without relying on leverage, supporting long-term value compounding.
Negative Factors
Sharp FY2026 Revenue Decline
A ~36% revenue drop in FY2026 signals material weakening in product cadence or demand. For a content-driven company, such step changes can slow portfolio reinvestment, reduce long-term growth visibility and impair the company’s ability to compound equity at prior rates.
Read all positive and negative factors
Positive Factors
Negative Factors
High Profitability & ROE
Capcom has sustained high net margins and returns (ROE ~20%+), indicating efficient capital use and durable profitability. High returns enable reinvestment into studios, IP development and shareholder programs without relying on leverage, supporting long-term value compounding.
Read all positive factors
Capcom Co (9697) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥1.26T
Dividend Yield1.17%
Average Volume (3M)1.76M
Price to Earnings (P/E)23.1
Beta (1Y)0.42
Revenue Growth15.19%
EPS Growth12.65%
CountryJP
Employees3,531
SectorCommunication Services
Sector Strength97
IndustryElectronic Gaming & Multimedia
Share Statistics
EPS (TTM)130.50
Shares Outstanding533,011,200
10 Day Avg. Volume1,489,130
30 Day Avg. Volume1,759,873
Financial Highlights & Ratios
PEG Ratio2.03
Price to Book (P/B)5.23
Price to Sales (P/S)7.17
P/FCF Ratio78.73
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)149.63
Revenue Forecast (FY)¥211.88B
Capcom Co Business Overview & Revenue Model
Company Description
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 ...
How the Company Makes Money
Capcom primarily makes money by monetizing its game intellectual property (IP) across development, publishing, and long-tail catalog sales. The core revenue stream is sales of digital and physical game software for consoles and PC, including new r...
Capcom Co Financial Statement Overview
Summary
Income Statement
78
Positive
Balance Sheet
92
Very Positive
Cash Flow
60
Neutral
| Breakdown | Mar 2026 | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 195.37B | 169.60B | 152.41B | 125.93B | 110.05B |
| Gross Profit | 110.22B | 148.25B | 127.70B | 111.54B | 91.00B |
| EBITDA | 80.50B | 70.51B | 61.30B | 54.25B | 46.30B |
| Net Income | 54.59B | 48.45B | 43.37B | 36.74B | 32.55B |
Balance Sheet | |||||
| Total Assets | 339.31B | 312.98B | 243.48B | 217.37B | 187.37B |
| Cash, Cash Equivalents and Short-Term Investments | 148.00B | 166.78B | 125.19B | 102.12B | 107.26B |
| Total Debt | 5.10B | 11.92B | 12.16B | 11.75B | 6.10B |
| Total Liabilities | 71.59B | 86.67B | 48.39B | 56.23B | 40.89B |
| Stockholders Equity | 267.70B | 226.30B | 195.08B | 161.13B | 146.47B |
Cash Flow | |||||
| Free Cash Flow | 17.79B | 61.77B | 32.08B | 14.69B | 44.00B |
| Operating Cash Flow | 31.38B | 67.62B | 36.92B | 21.79B | 46.95B |
| Investing Cash Flow | -55.86B | -7.27B | -5.96B | -7.68B | -7.43B |
| Financing Cash Flow | -26.07B | -18.73B | -15.97B | -22.48B | -9.98B |
Capcom Co Technical Analysis
Negative
3669.00
Price Trends
3372.53
Negative
3409.78
Negative
3671.86
Negative
Market Momentum
-87.46
Positive
37.31
Neutral
44.38
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:9697, the sentiment is Negative. The current price of 3669 is above the 20-day moving average (MA) of 3235.50, above the 50-day MA of 3372.53, and below the 200-day MA of 3671.86, indicating a bearish trend. The MACD of -87.46 indicates Positive momentum. The RSI at 37.31 is Neutral, neither overbought nor oversold. The STOCH value of 44.38 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:9697.
Capcom Co Peers Comparison
UnderperformOutperform
Sector (60)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
75 Outperform | ¥495.28B | 11.37 | ― | 2.49% | 6.31% | 10.31% | |
71 Outperform | ¥8.24T | 19.53 | 13.46% | 1.17% | 98.56% | 52.21% | |
70 Outperform | ¥2.57T | 25.66 | 17.57% | 0.84% | 17.10% | 33.90% | |
65 Neutral | ¥1.26T | 23.11 | 26.91% | 1.17% | 15.19% | 12.65% | |
63 Neutral | ¥932.51B | 31.15 | 6.70% | 1.80% | -8.27% | 21.14% | |
61 Neutral | ¥468.04B | -84.95 | -3.66% | 2.12% | 13.66% | -113.12% | |
60 Neutral | $48.67B | 4.58 | -11.27% | 4.14% | 2.83% | -41.78% |
* Communication Services Sector Average
JP:9697
Capcom Co
3,016.00
-1,274.60
-29.71%
JP:9766
KONAMI HOLDINGS
18,930.00
-768.84
-3.90%
JP:7974
Nintendo Co
7,148.00
-4,382.47
-38.01%
JP:6460
Sega Sammy Holdings
2,310.50
-384.53
-14.27%
JP:9684
Square Enix Holdings Co
2,557.50
-410.40
-13.83%
JP:3635
Koei Tecmo Holdings Co., Ltd.
1,481.00
-818.64
-35.60%
Capcom Co Corporate Events
Capcom Revamps Director Pay to Strengthen Performance and Shareholder Alignment
May 13, 2026
Capcom’s board has approved a proposal to overhaul its director remuneration system, excluding members of the Audit and Supervisory Committee, with the aim of strengthening incentives for medium- to long-term value creation and aligning mana...
Capcom Delivers Double-Digit Profit Growth and Lifts Dividend on Strong FY2026 Results
May 13, 2026
Capcom reported strong results for the fiscal year ended March 31, 2026, with net sales rising 15.2% to ¥195.4 billion and profit attributable to owners of parent increasing 12.7% to ¥54.6 billion. Margins remained high, with an operatin...
Capcom Hikes Earnings and Dividend Forecast on Strong Game and Catalog Sales
Apr 27, 2026
Capcom has raised its full-year consolidated forecast for the fiscal year ended March 31, 2026, citing stronger-than-expected performance across its businesses. The company now expects net sales of ¥195.3 billion, operating profit of ¥75...
Capcom Reshapes Board and Executive Roles to Emphasize Entertainment Experience and E-Contents
Mar 5, 2026
Capcom Co., Ltd. has announced changes to its board and senior management, including the appointment of Toyoshige Hanaoka, currently deputy head of the RD Management Division, as a new director serving as an Audit and Supervisory Committee member,...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.