Report Claims EGDC's Stake in Capcom Sees a 20.08% Growth Relative to Previous Holdings

The Electronic Gaming Development Company (EGDC) has reportedly increased its stake in Capcom. EGDC is a Saudi Arabian investment company formed under the MiSK Foundation. It was established by Saudi Arabia's Crown Prince Mohammed bin Salman. Online reports now claim the EGDC Capcom stake has improved by 20.08% in its shareholding from the previous level.

By How Much Has EGDC Capcom Stake Increased?

Almost a month ago, on or before March 13, it was revealed that EGDC had secured a 5% stake in Capcom. EGDC claimed the purpose of this acquisition was ‘pure investment’. The focus would be on earning profits from stock price increases or dividends.

Now, a new report from GameBiz suggests the EGDC acquired an additional 1.01% stake in Capcom. "According to a 'Large Shareholding Report' (5% rule report) submitted to the Kanto Local Finance Bureau on April 6, its shareholding increased from 5.03% to 6.04% of the total outstanding shares," they claimed.

This means that the number of shares held also rose from 26,788,500 to 32,186,900. This marks a 20.08% increase in its stake relative to previous holdings. GameBiz also claimed the reporting obligation arose towards the beginning of this month, on April 2. If the report is correct, then the new EGDC Capcom Investment could affect the Capcom share price.

The report was shared on X (formerly Twitter) by @Genki_JPN. The post was uploaded on April 6 at 2:11 pm. Speaking of Capcom, consider checking out recent coverage of the Monster Hunter Outlanders Second Closed Beta Test.

How Has the Community Reacted to the EGDC Capcom Investment Increase?

The community weren't too pleased to see EGDC boost their stake in Capcom. “The problem is, why did they even sell them a small percentage of their company assets?” one user asked.

One wondered how it could affect censorship in games. “Wonder if this'll lead to less censorship in their games,” he asked.

Another joked that he wanted to see Resident Evil 10 set in the Middle East.

Stay tuned to find out more details about the EGDC Capcom Investment. We will update the data here once we find more information. For the latest gaming coverage, please visit our website.