r/Games: Saudi-Backed EGDC Discloses a 5.03% Capcom Stake After Buying 26,788,500 Shares

r/Games is surfacing a notable ownership move around one of Japan's biggest publishers. Automaton reports that Electronic Gaming Development Company, or EGDC, disclosed a 5.03% stake in Capcom after acquiring 26,788,500 shares. The report says the disclosure was made through a filing submitted to Japan's Kanto Local Finance Bureau on March 13, 2026, immediately turning the purchase into a wider industry story.

According to Automaton, EGDC described the purpose of the purchase as pure investment, meaning the stated goal is investment return through share-price appreciation or dividends rather than an announced management role. Even so, crossing the 5% threshold matters because it forces a public disclosure and gives investors, employees, and competitors a clearer view into who is building influence around Capcom.

The backstory is why the filing drew so much attention. EGDC was founded in 2020 and is backed through the MiSK foundation tied to Saudi Crown Prince Mohammed bin Salman. The company is already well known in games because it became the parent company of SNK in 2022 and later moved to full ownership. Automaton also notes that this newly disclosed EGDC position should not be confused with previously reported Saudi Public Investment Fund stakes in Japanese game companies, even though both stories come from the same broader investment ecosystem.

What the filing establishes

EGDC says it now owns 26,788,500 Capcom shares.

The reported holding represents 5.03% of Capcom.

The disclosure was tied to a March 13, 2026 filing.

EGDC described the purchase as pure investment rather than a strategic operating move.

The position is separate from previously reported Saudi-linked holdings through other entities.

There is no public sign yet of board seats, a business partnership, or direct intervention in Capcom's operations, so anything beyond the filing would be speculation. Still, passive stakes of this size are rarely ignored for long, especially when the publisher involved owns franchises such as Resident Evil, Monster Hunter, and Street Fighter. Even when a shareholder calls the move pure investment, a disclosed 5.03% position is large enough to shape future conversations around governance, alliances, and long-term capital strategy.