Disney Pixel RPG developer’s shares soar following announcement
On July 9, Gungho Online Entertainment saw their share price on the Tokyo Stock Exchange reach its highest point so far this year. Yesterday’s announcement of Disney Pixel RPG is thought to be the driving factor behind this increase (source: Gamebiz).
Disney Pixel RPG, a free-to-play mobile game, is set to be released on September 9. As the name implies, it is an RPG with pixel art style graphics. Playable on iOS and Android, it will feature numerous Disney worlds and characters, in addition to Mickey Mouse himself. So far, characters from The Little Mermaid, Aladdin, Mulan, The Aristocats and Zootopia are among those who have been confirmed. Players will battle against gooey monsters who are trying to destroy Disney worlds. The game will be available in 18 countries.
Disney Pixel RPG is being developed and published by Gungho Online Entertainment. Their resumé includes the top selling mobile game Puzzle and Dragons. If today’s share price increase is anything to go by, investors seem to be confident that the Disney magic will bring Gungho another hit. Although Gungho Online Entertainment’s share prices have shown a gradual upward trend since April 2024, share prices suddenly rose by 100 yen after the Disney Pixel RPG announcement. They have now reached 2928 yen a share, the highest point so far this year.
Although it is likely to be compared to Kingdom Hearts, Disney Pixel RPG seems to provide a more casual gaming experience. As indicated on official social media, it will also have a gacha system with prizes including crystals and avatar clothing.
Disney Pixel RPG is scheduled to be released on September 9 for iOS and Android. It will be free-to-play with in-app purchases.