Financial Results

Analyst Consensus

Analysts’ Consensus
Analyst Ratings

Analysts’ Consensus

(as of January 14, 2022)

This page shows the consensus of securities analysts as compiled by IFIS Japan Limited. A consensus is the average of all forecasts by analysts for a particular company. Graphs and tables compare Capcom’s forecasts with the consensus of analysts. This information is presented with the permission of IFIS Japan.

IFIS JAPAN

Analysts’ Consensus for FY ending March 31, 2022

(Millions of Yen)

	Average	High	Low	Capcom’s Forecast
Net Sales	112,439	120,000	101,400	100,000
Operating Income	43,967	50,000	39,300	42,000
Net Profit	31,362	35,000	27,300	30,000
Earnings per Share	144.30	163.90	127.90	140.52
Target Price	3,558	4,510	2,740	–

- *Forecasts shown in the graph may differ from those of the table due to the data being aggregated at different times.

The information here is prepared by IFIS Japan Limited in a manner that we consider accurate and reliable. The information is subject to change without notice and cannot be guaranteed to be accurate, complete, timely as it could be intercepted, corrupted, destroyed or lost. The information is provided solely on informational purposes and we are not soliciting any action to buy, to sell for any financial product based upon it. Investment decisions must be made on investors own discretion and IFIS Japan Ltd. is not held liable, responsible for any direct and indirect losses, damages related to the information. All intellectual property rights and copyrights are reserved to IFIS Japan Ltd. and its information providers. The information must not be copied, duplicated, redistributed or quoted without prior written consent of IFIS Japan Ltd.

Analyst Ratings

(as of November 1, 2021)

Presented here are the investment ratings that securities analysts have established for Capcom. In general, these ratings are comparative evaluations that are based on whether or not a particular stock is expected to outperform a benchmark, such as TOPIX or an industry average, over a six to 12-month period. Since ratings are different for each securities company, please contact securities companies to obtain the precise definitions of their ratings.

Company	Analyst	Rating
Astris Advisory Japan KK	David Gibson	Outperform
Ace Research Institute Co., Ltd.	Hideki Yasuda	中立
SMBC Nikko Securities Inc.	Eiji Maeda	1
OKASAN SECURITIES CO., LTD.	Masashi Morita	中立
CLSA Securities Japan Co. Ltd	Jay Defibaugh	BUY
Citigroup Global Markets Japan Inc.	Kota Ezawa	Neutral
JPMorgan Securities Japan Co., Ltd.	Haruka Mori	Overweight
Jefferies Singapore Limited	Atul Goyal	BUY
Daiwa Securities Co. Ltd.	Takao Suzuki	アウトパフォーム
Tokai Tokyo Research Center Co.,Ltd.	Satoshi Kurihara	Neutral
Macquarie Capital Limited	Yijia Zhai	Neutral
Mizuho Securities Co., Ltd.	Takeshi Koyama	Buy
Mitsubishi UFJ Morgan Stanley Securities Co., Ltd.	Hirotoshi Murakami	Underweight
UBS Securities Co., Japan	Kenji Fukuyama	Buy
Rakuten Securities, Inc.	Yasuo Imanaka	A

(in no particular order)

Notes

1. This page shows our stock’s ratings in accordance with analysts’ valuations. The ratings indicated to Capcom’s common stock were interpreted by us for simple comparison purposes as those of the securities companies may differ.
2. This page is not an offer or a solicitation to buy or sell securities. These ratings are as of the date described above, please note that the ratings are changed without prior announcement.