Capcom's stocks just hit a five-year high on the Tokyo Stock Exchange, and it looks like this has something to do with wiggle wands and Raccoon City.
It seems that Capcom (and its stock holders) are banking on the success of upcoming Capcom titles developed for the Nintendo Wii. Bloomberg says that Capcom stock rose 6.3 percent to 2,855 yen, its highest close since Sept. 26th, 2002. Shares have climbed 14 percent over the past two days and 33 percent this year.
Capcom expects sales to increase 11 percent this year as they've doubled the number of Wii games to six, which includes titles like We Love Golf and Resident Evil Umbrella Chronicles.
There's a lot riding on the Resident Evil name, but Resident Evil 4 Wii edition sales numbers show that RE is a good fit for Nintendo's console. This game was among the top 10 titles sold in Japan and the U.S. in June.
Resident Evil's Wii edition has continued to sell well,'' said Jay Defibaugh, an analyst at Credit Suisse Group in Tokyo who rates Capcom shares "outperform.''
Also, thoughts: Cowzilla's C-blog has an interesting take on Capcom's Nintendo love and how it has finally paid off from the Gamecube days.
Dale North is Destructoid's Editor-In-Chief, a founding editor, and specialist in Japanese gaming. An accomplished musician, Dale was reporting from Japan during the earthquakes of 2011. Luckily, he got the fuck out alive and is home in America now with his wife and beloved corgi, Einstein. Dale is also a co-founder of Destructoid's sister anime site Japanator. Likes Corgis, Sega Saturn, PSP, iPhone, Photographic tools. Meet the rest of the team
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I'ld buy this & Medal of Honor : Airborne. Hands Wii-ggiling!
http://www.destructoid.com/blogs/Cowzilla3/capcom-rocks-the-wii-43636.phtml
I suppose if i actually tried to tip I'd get a nod, not that I need it...recognize me! God I need acceptance.
Please....
My gut says that most of the major publishers probably assume that the only games that really sell on Nintendo systems are Nintendo games, thus they are reluctant to create a 'big budget' game as it'll never go onto sell more than 400k units.
Look at the sales figures. It's a pretty true statement. :-/
single tear of joy.
We saw it with Resident Evil 4 (TWICE! I mean... c'mon!), and we'll see it with any other they develop for it. If I had a Wii, I'd sure as hell have a nice RE collection starting.
Now use that money to bring a built from the ground up version of Resident Evil 5 to the Wii.
WII have spoken!!!
RE5 for the Wii, 360, and PS3 = one game.
RE5 for the 360 and PS3 + RE2 remake o(r some other RE4 like game) for the Wii= TWO games.
Which would you prefer we get in the next year?