Capcom has 'no plans' to raise prices of its games

Capcom says it still has 'no plans' to raise the price of its video games to $69.99 across newer console platforms and PC.

Published Aug 2, 2022 3:40 PM CDT   |   Updated Wed, Aug 24 2022 6:16 AM CDT
0 minutes & 58 seconds read time

Capcom has reiterated that it currently has no plans to raise the price of its games.

Capcom has 'no plans' to raise prices of its games 1

While major players like Sony, Activision, Take-Two Interactive, and Square Enix raise prices of their games to $69.99, there's been a handful of publishers that have kept their games at the normalized $59.99 MSRP. Companies like Nintendo, Ubisoft, SEGA, and Capcom have yet to raise retail prices of their games for the new console generation.

In fact, Capcom's corporate office tells investors that it will keep the prices of its games the same as least for now.

"We have no specific plans to do so at this time. We are engaged in strategic pricing, including carrying out discount sales, with an emphasis placed on how far we can maximize sales volume for a given title in the five to ten years following its release," Capcom told investors in a Q&A session regarding game prices.

Capcom's Q1'22 performance saw earnings halved when converted from yen to USD, mainly because of tough year-ago earnings comparisons (the better a company does last year, the harder it is to beat in the current year) and impact of foreign exchange rates that saw the dollar increase in value against the yen.

Buy at Amazon

Call of Duty: Modern Warfare II

TodayYesterday7 days ago30 days ago
* Prices last scanned on 12/3/2022 at 3:35 pm CST - prices may not be accurate, click links above for the latest price. We may earn an affiliate commission.

Derek joined the TweakTown team in 2015 and has since reviewed and played 1000s of hours of new games. Derek is absorbed with the intersection of technology and gaming, and is always looking forward to new advancements. With over six years in games journalism under his belt, Derek aims to further engage the gaming sector while taking a peek under the tech that powers it. He hopes to one day explore the stars in No Man's Sky with the magic of VR.

Newsletter Subscription

    Related Tags

    Newsletter Subscription
    Latest News
    View More News
    Latest Reviews
    View More Reviews
    Latest Articles
    View More Articles