Notice Regarding Stock Split and
Associated Partial Amendment to the Articles of Incorporation

Capcom Co., Ltd. ("the Company") announces that it has resolved at the Board of Directors meeting on March 10, 2021 to implement a stock split and partially amend the Articles of Incorporation. Details are as follows.

1. Purpose of the stock split

The purpose of the stock split is to improve the liquidity of the Company’s stock and expand its investor base by reducing the stock price per investment unit.

2. Summary of the stock split

• (1) Method of the stock split
  Each share of common stock owned by shareholders listed or recorded in the closing register of shareholders on the record date of Wednesday, March 31, 2021 will be split into two shares.
• (2) Number of shares to be increased by the stock split

  1.Total number of issued shares prior to the stock split:	135,446,488 shares
  2. Number of shares to be increased by the stock split:	135,446,488 shares
  3. Total number of issued shares following the stock split:	270,892,976 shares
  4. Total number of authorized shares following the stock split:	600,000,000 shares

• (3) Schedule of the stock split

  1. Public notice of record date:	Friday, March 12, 2021
  2. Record date:	Wednesday, March 31, 2021
  3. Effective date:	Thursday, April 1, 2021

3. Associated Partial Amendment to the Articles of Incorporation

• (1) Reason for the amendment
  In conjunction with this stock split, pursuant to Article 184, Paragraph 2 of the Companies Act, the Company will amend Article 6 (Total Number of Authorized Shares) of its Articles of Incorporation, effective Thursday, April 1, 2021.
• (2) Details of the amendment
  The details of the amendment are as follows:
  

  (Changes have been underlined)

  Prior to the amendment	Following the amendment
  (Total Number of Authorized Shares) Article 6 The total number of shares authorized to be issued by the Company shall be 300 million shares.	(Total Number of Authorized Shares) Article 6 The total number of shares authorized to be issued by the Company shall be 600 million shares.

• (3)Schedule of the amendment
  

  Effective date:

  Thursday, April 1, 2021

4. Other

• (1) Change of capital
  The amount of stated capital will not change as a result of this stock split.
• (2) Dividends
  As the effective date of this stock split is Thursday, April 1, 2021, the year-end dividend for the fiscal year ending March 31, 2021, with a record date of March 31, 2021, will be paid on the basis of the number of shares prior to the stock split.
  There is no change to the dividend forecast for the fiscal year ending March 31, 2021 given in the January 21, 2021 announcement "Capcom Announces Revision of Consolidated Full-Year Earnings Forecast, Variances Between its Non-Consolidated Estimated Earnings and the Previous Fiscal Year’s Actual Results, and a Dividend Forecast Revision (Upward)." The dividend forecast for the year-end dividend is 35 yen per share.