Want to see JP:9697 full AI Analyst Report?
Top Page
Capcom Co
(9697)
Select Model
Select Model
Rating:82Outperform
Price Target:
¥5,321.00
▲(24.32% Upside)
Action:Reiterated
Date:07/30/26
The score is driven primarily by strong financial performance (excellent margins, solid growth, and very low leverage), supported by a clear technical uptrend versus major moving averages. Offsetting factors are weaker cash conversion and a moderately high valuation (P/E ~27) with only a modest dividend yield (~1.06%).
Positive Factors
High Profitability
Capcom’s high gross and operating margins indicate strong monetization of its game portfolio and intellectual property. This profitability provides substantial capacity to reinvest in new releases, support marketing, and extend successful franchises while preserving resilience through normal product-cycle variability.
Negative Factors
Weak Cash Conversion
Profitability is not converting into cash as efficiently as desired, with operating cash flow well below EBIT and free cash flow below net income. If this pattern persists, Capcom may have less internally generated cash available for development, shareholder returns, or strategic investment.
Read all positive and negative factors
Positive Factors
Negative Factors
High Profitability
Capcom’s high gross and operating margins indicate strong monetization of its game portfolio and intellectual property. This profitability provides substantial capacity to reinvest in new releases, support marketing, and extend successful franchises while preserving resilience through normal product-cycle variability.
Read all positive factors
Capcom Co (9697) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥1.89T
Dividend Yield1.06%
Average Volume (3M)2.83M
Price to Earnings (P/E)28.6
Beta (1Y)0.26
Revenue Growth18.74%
EPS Growth19.36%
CountryJP
Employees3,976
SectorCommunication Services
Sector Strength97
IndustryElectronic Gaming & Multimedia
Share Statistics
EPS (TTM)159.00
Shares Outstanding533,011,200
10 Day Avg. Volume2,083,710
30 Day Avg. Volume2,827,696
Financial Highlights & Ratios
PEG Ratio2.03
Price to Book (P/B)5.23
Price to Sales (P/S)7.17
P/FCF Ratio81.98
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
¥4,666.67Price Target Upside9.03% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering3
EPS Forecast (FY)155.55
Revenue Forecast (FY)¥223.51B
Capcom Co Business Overview & Revenue Model
Company Description
Capcom Co., Ltd., established in 1979 and headquartered in Osaka, Japan, is a prominent global entertainment developer and publisher. The company is engaged in the planning, creation, manufacturing, sales, and distribution of a wide array of inter...
How the Company Makes Money
Capcom primarily makes money by developing and publishing video games and monetizing its game intellectual property (IP) through multiple channels. The largest revenue driver is typically its Digital Contents business, where it sells full games (p...
Capcom Co Financial Statement Overview
Summary
Income Statement
92
Very Positive
Balance Sheet
96
Very Positive
Cash Flow
78
Positive
| Breakdown | TTM | Mar 2026 | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 220.27B | 195.37B | 169.60B | 152.41B | 125.93B | 110.05B |
| Gross Profit | 127.99B | 110.22B | 148.25B | 127.70B | 111.54B | 91.00B |
| EBITDA | 97.43B | 79.19B | 70.47B | 63.56B | 54.63B | 47.76B |
| Net Income | 66.51B | 54.59B | 48.45B | 43.37B | 36.74B | 32.55B |
Balance Sheet | ||||||
| Total Assets | 341.31B | 339.31B | 312.98B | 243.48B | 217.37B | 187.37B |
| Cash, Cash Equivalents and Short-Term Investments | 159.91B | 147.02B | 166.13B | 124.84B | 102.02B | 107.26B |
| Total Debt | 0.00 | 5.10B | 11.92B | 12.16B | 11.75B | 6.10B |
| Total Liabilities | 54.39B | 71.59B | 86.67B | 48.39B | 56.23B | 40.89B |
| Stockholders Equity | 286.89B | 267.70B | 226.30B | 195.08B | 161.13B | 146.47B |
Cash Flow | ||||||
| Free Cash Flow | 43.67B | 17.08B | 61.77B | 32.08B | 14.69B | 44.00B |
| Operating Cash Flow | 53.36B | 31.38B | 67.62B | 36.92B | 21.79B | 46.95B |
| Investing Cash Flow | -23.39B | -55.86B | -7.27B | -5.96B | -7.68B | -7.43B |
| Financing Cash Flow | -27.37B | -26.07B | -18.73B | -15.97B | -22.48B | -9.98B |
Capcom Co Technical Analysis
Positive
4280.00
Price Trends
4293.46
Positive
3740.59
Positive
3573.55
Positive
Market Momentum
82.78
Negative
58.25
Neutral
63.01
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:9697, the sentiment is Positive. The current price of 4280 is below the 20-day moving average (MA) of 4430.39, below the 50-day MA of 4293.46, and above the 200-day MA of 3573.55, indicating a bullish trend. The MACD of 82.78 indicates Negative momentum. The RSI at 58.25 is Neutral, neither overbought nor oversold. The STOCH value of 63.01 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive 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 |
|---|---|---|---|---|---|---|---|
87 Outperform | ¥577.54B | 11.84 | ― | 2.90% | 13.22% | 52.60% | |
83 Outperform | ¥3.43T | 30.59 | 20.53% | 0.91% | 22.80% | 49.61% | |
82 Outperform | ¥1.89T | 28.61 | 25.34% | 1.07% | 18.74% | 19.36% | |
80 Outperform | ¥10.01T | 21.34 | 16.30% | 2.54% | 51.51% | 62.39% | |
72 Outperform | ¥1.08T | 28.87 | 11.04% | 1.44% | 0.94% | 104.41% | |
64 Neutral | ¥685.70B | -3,787.78 | -0.05% | 1.64% | 23.77% | -98.22% | |
60 Neutral | $48.67B | 4.58 | -11.27% | 4.14% | 2.83% | -41.78% |
* Communication Services Sector Average
JP:9697
Capcom Co
4,413.00
191.63
4.54%
JP:9766
KONAMI HOLDINGS
25,175.00
3,247.43
14.81%
JP:7974
Nintendo Co
8,699.00
-4,029.93
-31.66%
JP:6460
Sega Sammy Holdings
3,397.00
500.28
17.27%
JP:9684
Square Enix Holdings Co
3,027.00
-35.53
-1.16%
JP:3635
Koei Tecmo Holdings Co., Ltd.
1,715.00
-287.74
-14.37%
Capcom Co Corporate Events
Capcom Delivers Strong First-Quarter Earnings and Confirms Full-Year Outlook
Jul 28, 2026
Capcom reported strong results for the quarter ended June 30, 2026, with net sales rising 54.7% year on year to ¥70.4 billion and operating profit jumping 66.9% to ¥41.1 billion, driving profit attributable to owners of parent up 69.2% t...
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.