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Capcom banking on Resident Evil 7 as sales and profits falter

Capcom's financial report for the nine months ending December 31 is in, and both sales and profits are down.

Capcom's financial report for the nine months ending December 31 is in, and both sales and profits are down.

Across the company as a whole, net sales fell by 6.2 percent year-over-year to 53.5 billion yen ($470.5 million), while profits tumbled by 60.6 percent during the same period to 2.7 billion yen ($23.7 million).

Looking specifically at the Digital Contents division, which houses Capcom's video game operations, net sales fell by 21.2 percent to 28.4 billion yen ($249.8 million) despite the "firm" performance of Dead Rising 4, and the "steady" efforts of re-releases including Resident Evil 5 and Resident Evil 4

While the company seems generally pleased with those performances, it did highlight the "soft" sales of Monster Hunter Stories, a 3DS release targeted at younger audiences, as a cause for concern. 

Overall though, the Japanese publisher remains positive as we head toward the final quarter, mainly due to its belief that blockbuster releases like Resident Evil 7 and Monster Hunter XX will bring home the bacon. 

As such, the company hasn't revised its financial forecast, and still expects to see net sales of 85 billion yen ($747.6 million) and profits of 9 billion yen ($79.1 million) by the end of the fiscal year on March 31.

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