Saudi Game Developer EGDC Acquires 5.03% Stake in Publisher Capcom
The MiSK-owned company purchased 26.7 million shares, adding to Saudi-linked holdings in the developer.
Saudi-based investment firm Electronic Gaming Development Company has disclosed a 5.03% stake in Japanese video game publisher Capcom - famed for long-running franchises such as 'Street Fighter' and 'Resident Evil' - after purchasing 26,788,500 shares.
The transaction adds another Saudi-linked shareholder to Capcom’s register. Combined with the roughly 5% stake acquired by the Public Investment Fund in 2022, Saudi entities now hold approximately 10% of the Osaka-based publisher.
Electronic Gaming Development Company is owned by the MiSK Foundation and operates as an investment vehicle focused on the gaming sector. The company also holds a 96.18% stake in SNK Corporation.
The filing positions EGDC among Capcom’s notable shareholders while stating that the investment is intended for financial returns rather than operational involvement in the company’s management.
