From FinancialsSee companies differently through their own primary sources.

LENS

Building IP

Companies that grow characters and creative assets over time, then extend them into new forms.

Look beyond the hit product to the IP itself.

3 companies through this lens

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Capcom Co., Ltd.FY ended March 2026

Is Capcom a company that sells new games?

83.7%Catalog-title share of unit sales
93.0%Digital unit-sales ratio
244Countries and regions with unit sales
What emerges

Capcom is not only a company that must keep landing new hits. New releases reactivate older games, while digital distribution, PC, global pricing, media use and licensing extend the selling life of IP. An in-house engine and more than 3,000 developers support that cycle.

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Sanrio Company, Ltd.FY3/2026

Is Sanrio really a Hello Kitty merchandise company?

40.1%Operating margin
¥96.4bnRoyalty salesAbout 49.7% of consolidated revenue on a simple comparison (our calculation)
62.7%Share from non-Hello Kitty charactersBased on merchandising and licensing gross profit in Japan and overseas (our calculation)
What emerges

Rather than a merchandise company dependent on one star, Sanrio has become a character-IP portfolio business that rotates and grows many characters, scales them globally through licensing, and is now moving into self-published games and in-house animation.

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Nintendo Co., Ltd.FY ended March 2026

What kind of company is Nintendo now?

76.9%Sales outside Japan
54.6%Digital share of dedicated-platform software sales
¥177.8bnR&D expenseAdvertising expense: ¥144.6bn
What emerges

Rather than moving away from games, Nintendo looks like a company built to sell games for a long time and invest heavily in whatever comes next.

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