Japanese Game Publisher Behind Monster Hunter Sees 1,200% Gain Over Decade

• Osaka-based games maker has strung together a decade of growth
• Tapping library of classic games has proven highly effective

While the gaming world fixates on the implications of a Microsoft-Activision deal and AI, a smaller player in their universe may deserve a closer look from investors.

Japanese game publisher Capcom Co.’s shares are up by a third this year, outpacing the broader Tokyo market and capping off a remarkable 1,200% surge over the past decade. That’s in part because the $11 billion company has punched well above its weight, spawning Hollywood franchises such as Resident Evil and Monster Hunter.