Saudi Arabia Increases Stake in CAPCOM: MiSK Foundation Now Owns 6% of the Company
The gaming world continues to shift! The Electronic Gaming Development Company (EGDC), the investment arm of the MiSK Foundation founded by Saudi Arabian Crown Prince Mohammed bin Salman, has announced that it has increased its shares in CAPCOM, one of Japan's most established gaming companies. According to the official statement, the company raised its stake in CAPCOM from 5.03% to 6.04%. With this move, EGDC has solidified its position among the company's largest shareholders by holding more than 32 million shares.
So, why is this investment so important? In fact, this situation is part of Saudi Arabia's "Vision 2030" strategy. The Kingdom is investing billions of dollars in the gaming and esports sectors to make its economy independent of oil. It is not just CAPCOM; Saudi-based funds also hold significant stakes in giants such as Nintendo, Nexon, Koei Tecmo, and Bandai Namco. If you recall, almost the entirety (96%) of the legendary fighting game company SNK was also acquired by these funds. On the CAPCOM front, when the shares of other Saudi-linked companies like Ayar First Investment are added, it is estimated that the total investment from the region exceeds 10%.
Behind CAPCOM's appeal lies the company's incredible financial success in recent years. The company has shown rare stability in the gaming industry by increasing its operating profit for 12 consecutive years. In particular, the fact that Monster Hunter Wilds, released in 2025, sold 11 million copies in its first year and the Resident Evil series (especially in the period leading up to the highly anticipated Resident Evil Requiem) breaking sales records whets the appetite of investors. The dominance of Street Fighter 6 in the esports world is just the icing on the cake!
The issue fans are most curious about is whether these investments will affect the content of the games. For now, these investments are in the status of "passive investment," meaning EGDC does not directly interfere with the company's daily operations or creative processes. Furthermore, since CAPCOM remains under the control of the founding Tsujimoto family, a full takeover in the style of SNK does not seem very likely at the moment. However, Saudi Arabia's goal of generating $13.3 billion in revenue from the gaming sector and creating 39,000 new jobs by 2030 is the clearest indicator that such major moves will continue.
