Among the 8 stocks related to Tokyo Game Show 2026, the front-runner candidates, Capcom and KONAMI Group, as well as Nihon Falcom, which will release a new title on the event's opening day, were compared based on the relationship between exhibition participation and earnings.
Tokyo Game Show 2026 will be held at Makuhari Messe from 17 to 21 September. Although it is not expected to reach a record scale, broad participation, including overseas exhibitors, is anticipated. According to figures released by CESA, there will be a total of 759 exhibitors, comprising 484 domestic and 275 overseas companies, from 51 countries and regions. In addition to the traditional console, smartphone and PC segments, the event will cover AR/VR, indie games and development support. The event will run for 5 days, and the timing of potential catalysts will vary from the opening day through the final day.
The 8 stocks were selected based not only on whether the companies are exhibiting, but also on the contribution of release dates to earnings, with greater weight given to companies whose release schedules are approaching. The companies covered include Capcom, KONAMI Group, Bandai Namco Holdings, Sega Sammy Holdings, Koei Tecmo Holdings, Square Enix Holdings, Happinet and Nihon Falcom.
Capcom and KONAMI Group are cited as the leading candidates, with their latest quarterly results both showing profit growth. New titles including Capcom's Onimusha: Way of the Sword and KONAMI's SILENT HILL: Townfall are scheduled for release in September and October, and their expected contribution to gaming business profits is likely to be a factor in evaluating the stocks.
Meanwhile, Bandai Namco Holdings faces concern over declining profit in its digital business, while Sega Sammy Holdings is focused mainly on titles scheduled for release from next year onward, meaning its direct contribution to earnings from TGS may be delayed. Release timing, scale and the impact on earnings vary among Koei Tecmo, Square Enix, Happinet and Nihon Falcom, so the companies need to be assessed comprehensively based on their earnings and release performance.