diff --git a/contrib/zsh_compl/_rgbasm b/contrib/zsh_compl/_rgbasm
index 2998be21..a2301817 100644
--- a/contrib/zsh_compl/_rgbasm
+++ b/contrib/zsh_compl/_rgbasm
@@ -48,9 +48,10 @@ local args=(
 	'*'{-D,--define}'+[Define a string symbol]:name + value (default 1):'
 	'(-g --gfx-chars)'{-g,--gfx-chars}'+[Change chars for gfx constants]:chars spec:'
 	'(-I --include)'{-I,--include}'+[Add an include directory]:include path:_files -/'
-	'(-M --dependfile)'{-M,--dependfile}"+[Write deps in make format]:output file:_files -g '*.{d,mk}'"
-	-MG'[Assume missing files should be generated]'
-	-MP'[Add phony targets to all deps]'
+	'(-M --dependfile)'{-M,--dependfile}"+[Write dependencies in Makefile format]:output file:_files -g '*.{d,mk}'"
+	-MC'[Continue after missing dependencies]'
+	-MG'[Assume missing dependencies should be generated]'
+	-MP'[Add phony targets to all dependencies]'
 	'*'-MT"+[Add a target to the rules]:target:_files -g '*.{d,mk,o}'"
 	'*'-MQ"+[Add a target to the rules]:target:_files -g '*.{d,mk,o}'"
 	'(-o --output)'{-o,--output}'+[Output file]:output file:_files'
diff --git a/include/asm/main.hpp b/include/asm/main.hpp
index 890da1f8..4a93cc3f 100644
--- a/include/asm/main.hpp
+++ b/include/asm/main.hpp
@@ -10,6 +10,7 @@ extern bool verbose;
 
 extern FILE *dependFile;
 extern std::string targetFileName;
+extern bool continueAfterMissingIncludes;
 extern bool generatedMissingIncludes;
 extern bool failedOnMissingInclude;
 extern bool generatePhonyDeps;
diff --git a/man/rgbasm.1 b/man/rgbasm.1
index 41cf54d0..a6363456 100644
--- a/man/rgbasm.1
+++ b/man/rgbasm.1
@@ -14,6 +14,7 @@
 .Op Fl g Ar chars
 .Op Fl I Ar path
 .Op Fl M Ar depend_file
+.Op Fl MC
 .Op Fl MG
 .Op Fl MP
 .Op Fl MT Ar target_file
@@ -114,6 +115,17 @@ Write
 .Xr make 1
 dependencies to
 .Ar depend_file .
+.It Fl MC
+To be used in conjunction with
+.Fl MG .
+This makes
+.Nm
+continue processing after a non-existent dependency file, instead of exiting.
+Note that this is
+.Em not
+recommended if any non-existent dependencies would have influenced subsequent processing, e.g. by causing an
+.Ic IF
+condition to take a different branch.
 .It Fl MG
 To be used in conjunction with
 .Fl M .
@@ -126,8 +138,10 @@ or
 .Ic INCBIN
 is attempted on a non-existent file, it is added as a dependency, then
 .Nm
-exits normally instead of erroring out.
-This feature is used in automatic updating of makefiles.
+exits normally or continues processing (depending on whether
+.Fl MC
+was enabled) instead of erroring out.
+This feature is used in automatic updating of Makefiles.
 .It Fl MP
 When enabled, this causes a phony target to be added for each dependency other than the main file.
 This prevents
@@ -269,7 +283,7 @@ Enables literally every warning.
 .El
 .Pp
 The following warnings are actual warning flags; with each description, the corresponding warning flag is included.
-Note that each of these flag also has a negation (for example,
+Note that each of these flags also has a negation (for example,
 .Fl Wcharmap-redef
 enables the warning that
 .Fl Wno-charmap-redef
diff --git a/src/asm/fstack.cpp b/src/asm/fstack.cpp
index 302a3081..8ea7fbae 100644
--- a/src/asm/fstack.cpp
+++ b/src/asm/fstack.cpp
@@ -312,7 +312,7 @@ void fstk_RunInclude(std::string const &path, bool preInclude) {
 	if (!fullPath) {
 		if (generatedMissingIncludes && !preInclude) {
 			// LCOV_EXCL_START
-			if (verbose) {
+			if (verbose && !continueAfterMissingIncludes) {
 				printf("Aborting (-MG) on INCLUDE file '%s' (%s)\n", path.c_str(), strerror(errno));
 			}
 			// LCOV_EXCL_STOP
diff --git a/src/asm/main.cpp b/src/asm/main.cpp
index b9b5db4b..0c493e04 100644
--- a/src/asm/main.cpp
+++ b/src/asm/main.cpp
@@ -24,10 +24,11 @@
 #include "asm/symbol.hpp"
 #include "asm/warning.hpp"
 
-FILE *dependFile = nullptr;            // -M
-bool generatedMissingIncludes = false; // -MG
-bool generatePhonyDeps = false;        // -MP
-std::string targetFileName;            // -MQ, -MT
+FILE *dependFile = nullptr;                // -M
+bool continueAfterMissingIncludes = false; // -MC
+bool generatedMissingIncludes = false;     // -MG
+bool generatePhonyDeps = false;            // -MP
+std::string targetFileName;                // -MQ, -MT
 bool failedOnMissingInclude = false;
 bool verbose = false; // -v
 
@@ -70,6 +71,7 @@ static option const longopts[] = {
     {"help",            no_argument,       nullptr,  'h'},
     {"include",         required_argument, nullptr,  'I'},
     {"dependfile",      required_argument, nullptr,  'M'},
+    {"MC",              no_argument,       &depType, 'C'},
     {"MG",              no_argument,       &depType, 'G'},
     {"MP",              no_argument,       &depType, 'P'},
     {"MQ",              required_argument, &depType, 'Q'},
@@ -91,7 +93,7 @@ static option const longopts[] = {
 static void printUsage() {
 	fputs(
 	    "Usage: rgbasm [-EhVvw] [-b chars] [-D name[=value]] [-g chars] [-I path]\n"
-	    "              [-M depend_file] [-MG] [-MP] [-MT target_file] [-MQ target_file]\n"
+	    "              [-M depend_file] [-MC] [-MG] [-MP] [-MT target_file] [-MQ target_file]\n"
 	    "              [-o out_file] [-P include_file] [-p pad_value] [-Q precision]\n"
 	    "              [-r depth] [-s features:state_file] [-W warning] [-X max_errors]\n"
 	    "              <file>\n"
@@ -372,6 +374,10 @@ int main(int argc, char *argv[]) {
 		// Long-only options
 		case 0:
 			switch (depType) {
+			case 'C':
+				continueAfterMissingIncludes = true;
+				break;
+
 			case 'G':
 				generatedMissingIncludes = true;
 				break;
diff --git a/src/asm/parser.y b/src/asm/parser.y
index db38e360..ec8a91dd 100644
--- a/src/asm/parser.y
+++ b/src/asm/parser.y
@@ -1137,7 +1137,7 @@ export_def:
 include:
 	label POP_INCLUDE string endofline {
 		fstk_RunInclude($3, false);
-		if (failedOnMissingInclude) {
+		if (failedOnMissingInclude && !continueAfterMissingIncludes) {
 			YYACCEPT;
 		}
 	}
@@ -1146,19 +1146,19 @@ include:
 incbin:
 	POP_INCBIN string {
 		sect_BinaryFile($2, 0);
-		if (failedOnMissingInclude) {
+		if (failedOnMissingInclude && !continueAfterMissingIncludes) {
 			YYACCEPT;
 		}
 	}
 	| POP_INCBIN string COMMA iconst {
 		sect_BinaryFile($2, $4);
-		if (failedOnMissingInclude) {
+		if (failedOnMissingInclude && !continueAfterMissingIncludes) {
 			YYACCEPT;
 		}
 	}
 	| POP_INCBIN string COMMA iconst COMMA iconst {
 		sect_BinaryFileSlice($2, $4, $6);
-		if (failedOnMissingInclude) {
+		if (failedOnMissingInclude && !continueAfterMissingIncludes) {
 			YYACCEPT;
 		}
 	}
diff --git a/src/asm/section.cpp b/src/asm/section.cpp
index 4a9b9b5f..e85c71e1 100644
--- a/src/asm/section.cpp
+++ b/src/asm/section.cpp
@@ -911,7 +911,7 @@ void sect_BinaryFile(std::string const &name, int32_t startPos) {
 	if (!file) {
 		if (generatedMissingIncludes) {
 			// LCOV_EXCL_START
-			if (verbose) {
+			if (verbose && !continueAfterMissingIncludes) {
 				printf("Aborting (-MG) on INCBIN file '%s' (%s)\n", name.c_str(), strerror(errno));
 			}
 			// LCOV_EXCL_STOP
@@ -976,7 +976,7 @@ void sect_BinaryFileSlice(std::string const &name, int32_t startPos, int32_t len
 	if (!file) {
 		if (generatedMissingIncludes) {
 			// LCOV_EXCL_START
-			if (verbose) {
+			if (verbose && !continueAfterMissingIncludes) {
 				printf("Aborting (-MG) on INCBIN file '%s' (%s)\n", name.c_str(), strerror(errno));
 			}
 			// LCOV_EXCL_STOP
diff --git a/test/asm/continues-after-missing-include/a.asm b/test/asm/continues-after-missing-include/a.asm
new file mode 100644
index 00000000..63caab8a
--- /dev/null
+++ b/test/asm/continues-after-missing-include/a.asm
@@ -0,0 +1,13 @@
+PUSHC
+PUSHO
+PUSHS
+SECTION "test", WRAM0
+UNION
+INCLUDE "nonexistent1.inc"
+WARN "still going!"
+INCLUDE "nonexistent2.inc"
+WARN "and going!"
+ENDU
+POPS
+POPO
+POPC
diff --git a/test/asm/continues-after-missing-include/a.err b/test/asm/continues-after-missing-include/a.err
new file mode 100644
index 00000000..99fb01c8
--- /dev/null
+++ b/test/asm/continues-after-missing-include/a.err
@@ -0,0 +1,4 @@
+warning: continues-after-missing-include/a.asm(7): [-Wuser]
+    still going!
+warning: continues-after-missing-include/a.asm(9): [-Wuser]
+    and going!
diff --git a/test/asm/continues-after-missing-include/a.out b/test/asm/continues-after-missing-include/a.out
new file mode 100644
index 00000000..d245b61b
--- /dev/null
+++ b/test/asm/continues-after-missing-include/a.out
@@ -0,0 +1,3 @@
+a.o: continues-after-missing-include/a.asm
+a.o: nonexistent1.inc
+a.o: nonexistent2.inc
diff --git a/test/asm/test.sh b/test/asm/test.sh
index 89e67773..e0a01d24 100755
--- a/test/asm/test.sh
+++ b/test/asm/test.sh
@@ -103,7 +103,7 @@ for i in *.asm notexist.asm; do
 			desired_errput="$gb"
 			# Escape regex metacharacters
 			subst="$(printf '%s\n' "$i" | sed 's:[][\/.^$*]:\\&:g')"
-			# Replace the file name with a dash to match changed output
+			# Replace the file name with "<stdin>" to match changed output
 			sed "s/$subst/<stdin>/g" "$desired_outname" >"$desired_output"
 			sed "s/$subst/<stdin>/g" "$desired_errname" >"$desired_errput"
 		fi
@@ -135,6 +135,33 @@ done
 
 # These tests do their own thing
 
+i="continues-after-missing-include"
+RGBASMFLAGS="-Weverything -M - -MG -MC"
+# Piping the .asm file to rgbasm would not make sense for dependency generation,
+# so just test the normal variant
+(( tests++ ))
+echo "${bold}${green}${i%.asm}...${rescolors}${resbold}"
+"$RGBASM" $RGBASMFLAGS -o "$o" "$i"/a.asm >"$output" 2>"$errput"
+fixed_output="$input"
+if which cygpath &>/dev/null; then
+	# MinGW needs the Windows path substituted but with forward slash separators;
+	# Cygwin has `cygpath` but just needs the original path substituted.
+	subst1="$(printf '%s\n' "$o" | sed 's:[][\/.^$*]:\\&:g')"
+	subst2="$(printf '%s\n' "$(cygpath -w "$o")" | sed -e 's:\\:/:g' -e 's:[][\/.^$*]:\\&:g')"
+	sed -e "s/$subst1/a.o/g" -e "s/$subst2/a.o/g" "$output" >"$fixed_output"
+else
+	subst="$(printf '%s\n' "$o" | sed 's:[][\/.^$*]:\\&:g')"
+	sed "s/$subst/a.o/g" "$output" >"$fixed_output"
+fi
+tryDiff "$i"/a.out "$fixed_output" out
+our_rc=$?
+tryDiff "$i"/a.err "$errput" err
+(( our_rc = our_rc || $? ))
+(( rc = rc || our_rc ))
+if [[ $our_rc -ne 0 ]]; then
+	(( failed++ ))
+fi
+
 i="state-file"
 if which cygpath &>/dev/null; then
 	# MinGW translates path names before passing them as command-line arguments,