News Capcom Reports Sales Drop in FY2012, Expects Record Profits in FY2013
posted on 2012-05-07 23:57 EDT by Ko Ransom
The game publisher Capcom released its yearly financial results on Monday, reporting a 16.0% decrease to 82.065 billion yen (about US$1.02 billion) in net sales and a 13.8% decrease to 12.312 billion yen (about US$154 million) in operating income compared to the previous year.
Capcom states that despite steady and strong results from both flagship titles (Monster Hunter 3G, Resident Evil Operation Raccoon City) and mobile content, "a decrease in sales in reaction to the surge during same term previous year caused by the mass release of major consumer online game titles as well as the delay in the release of major titles which had been scheduled for the current fiscal year" contributed to this year's decline. Capcom also noted that Street Fighter x Tekken sales "lagged."
The company forecasts record high profits next year, with 105 billion yen (about US$1.31 billion) in net sales and 15.8 billion yen (about US$198 million) in operating income.