Alphapolis Co., Ltd.

Alphapolis extended its sharp gains. The first-quarter consolidated results announced on Friday, August 14, showed a substantial rise in revenue and profit compared with the same period a year earlier, although the comparison is against non-consolidated figures, and the market appears to be taking the results at face value.

On the Tokyo stock market on July 29, 66 out of 96 game and entertainment-related stocks rose. Capcom surged to its daily limit up after reporting a 54% increase in revenue and a 66% jump in operating profit for the first quarter, achieving substantial top- and bottom-line growth. Tsuburaya Fields Holdings hit its daily limit up for a second straight day, driven by upward revisions to its full-year consolidated earnings forecast and medium-term management plan. Alphapolis rose for a third consecutive day after announcing the launch of English-translated print editions of its official manga in North America and other regions. On the other hand, Megachips fell for a fifth straight day, as Mizuho Securities maintained a neutral rating on the stock despite raising its target price.

AlphaPolis rose for a third consecutive day. The company announced that it began selling English-translated print editions of its official manga in North America and other global markets starting July 28 U.S. time, drawing market interest.