Saudi Arabia increased its stake in Capcom due to the sharp rise in popularity of Resident Evil Requiem

A major investment fund from Saudi Arabia expands its presence in the Japanese gaming sector

Investment company Electronic Gaming Development Company (EGDC), which owns Japanese publisher SNK and the project *Fatal Fury: City of the Wolves*, announced a stake acquisition in another well-known Japanese game publisher – Capcom.

> According to GameBiz, using data from the financial database of the Kanto region, EGDC bought 26 788 500 shares of Capcom, which represents about 5.03% of the company’s capital.

Why Capcom now
The purchase coincided with the breakout success of Capcom’s latest release – *Resident Evil Requiem*. Less than a month after launch, the game reached 6 million copies sold, becoming the publisher’s record‑setting sale.

EGDC stated that the motivation for the purchase was “pure investment”: earning profit from both share price appreciation and potential dividends.

Key players
- Electronic Gaming Development Company – headquarters in Saudi Arabia, owned by heir prince Mohammed bin Salman (Mohammed bin Salman) through the MiSK fund.

- In addition to EGDC, about 5% of Capcom’s shares are also held by the Saudi sovereign wealth fund PIF – also managed by the same prince.

Saudi Arabia in the gaming industry
Recently the country has been actively investing in gaming:

- $3.5 billion for a stake in Niantic (developer of *Pokémon GO*).

- $29 billion to acquire Electronic Arts together with Silver Lake and Affinity Partners funds.

Thus, EGDC is strengthening its presence in the global gaming market while underscoring Saudi Arabia’s strategy of diversifying investments into the entertainment industry.