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Gaming

Capcom Shares Dipped 13% Following Monster Hunter World Announcement

Capcom Shares Dipped 13% Following Monster Hunter World Announcement
John Cusack
July 12, 2018

Capcom’s shares dropped from ¥2,823 to ¥2,461 recently, which is a drop of nearly 13%. This dip in shares was precipitated by a report that showed that sales of Monster Hunter World had been slowing down.

Bank of America Merrill Lynch initiated this decline by downgrading Capcom’s stock from neutral to under performing. They also lowered the share target price from ¥2,800 to ¥2,300, which was based on significant risk of sales decline over the coming months for the aforementioned game. The report says “Although cumulative sales volume is growing steadily, we get the impression the popularity of Monster Hunter is dying down sixth months after its release.”

This was to be expected, as video game sales can’t keep going at such an impressive rate for so long. Monster Hunter World had the pleasure of being Capcom’s fastest title to ship 6 million units, and then later became the company’s best ever selling title. It seems harsh to think that Capcom is in trouble when considering this is just one game, especially when the game ended up performing much better than expected.

Capcom also has some heavy hitters on the horizon that should do very well in the sales department, with the Resident Evil 2 remake and Devil May Cry 5 both set for a 2019 release. Resident Evil 2 is expected to launch in January of next year, whereas Devil May Cry 5 will launch sometime in spring of next year.

Source: Financial Times

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Related ItemscapcomMonster HunterMonster Hunter World
Gaming
July 12, 2018
John Cusack

As part of the editorial team here at Geekreply, John spends a lot of his time making sure each article is up to snuff. That said, he also occasionally pens articles on the latest in Geek culture. From Gaming to Science, expect the latest news fast from John and team.

Related ItemscapcomMonster HunterMonster Hunter World

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