Capcom Raises Forecasts Despite Profit Drop

Japanese publisher Capcom has released details of its third quarter financial results, with strong home video game sales dragged down by poor performances by the company’s arcade business. As a result, sales were up to $484.5m but profits down.
Officials from Japanese publisher and developer Capcom have announced details of the company’s financial third quarter, with net sales rising by 4.8 percent to ¥51.66 billion ($484.5m) but net income dropping by 17.8 percent to ¥3.57 billion ($33.5m). The company’s mixed results were blamed on a still unsettled Japanese and world economy, but helped by a video games business which was still experiencing smooth growth “accelerated by the expanded user base with an increase in novice users including seniors and females.” Resident Evil: The Umbrella Chronicles for the Wii was noted as a strong seller in the West, while Monster Hunter Freedom 2 was one of the company’s biggest sellers in Japan, with sales of over 1.5 million units. The success of the ongoing Resident Evil movie franchise also helped the company, but its overall results were adversely affected by its arcade operations and coin-op divisions, the business environment for which was described as “stagnant”. Capcom’s home video games business outperformed the company as a whole, with net sales up by 23.3 percent to ¥30.85 billion ($289.5m) and operating income up 38.2 percent on the previous year to ¥6,039 billion ($56.7m). Sales for Zack & Wiki: Quest for Barbaros’ Treasure on Wii and Sengoku Basara 2 Heroes on PlayStation 2 and Wii were described as growing “steadily”, while the growth for We Love Golf! on Wii and Mega Man: Star Force 2 on Nintendo DS was described as “sluggish”. With cumulative sales of the recently released Devil May Cry 4 estimated to reach 1.9 million by March 31st, the company predicates that its full year results will see an operating profit increase of 20 percent to ¥11.5 billion ($107.9m) – up 15 percent on previous forecasts. Revenue expectations were also raised to 9.5 percent and ¥78 billion ($731.9m) while net income forecasts remain steady at an increase of 5.9 percent to ¥6.2 billion ($58.2m).

Latest Jobs


Hybrid, Cambridge, MA or Chicago, IL
Quality Assurance Lead

Bladework games

Remote (United States)
Senior Gameplay Engineer

High Fidelity, Inc.

Game Interaction Designer

Fred Rogers Productions

Hybrid (424 South 27th Street, Pittsburgh, PA, USA
Producer - Games & Websites
More Jobs   


Explore the
Advertise with
Follow us

Game Developer Job Board

Game Developer


Explore the

Game Developer Job Board

Browse open positions across the game industry or recruit new talent for your studio

Advertise with

Game Developer

Engage game professionals and drive sales using an array of Game Developer media solutions to meet your objectives.

Learn More
Follow us


Follow us @gamedevdotcom to stay up-to-date with the latest news & insider information about events & more