Capcom Posts $76.7 Million Operating Loss During Q2 FY2015
Capcom sees lack of major releases during the quarter.
Capcom’s financial results for the second quarter of fiscal year 2015 are out and though the company suffered a lower amount of losses than in the same period last year, it’s still not good. Sales for the quarter ending on September 30th were down by 51 percent to ¥16.3 billion or $151.32 million from ¥35.8 billion or $331.3 million. Operating losses were at ¥8.25 billion or $76.7 million which is down from last year.
Capcom stated that, “Ultra Street Fighter IV (for PlayStation 3, Xbox 360, and PC) and Phoenix Wright: Ace Attorney Trilogy HD (for Nintendo 3DS) posted steady sales, while Dead Rising 3 (for Xbox One and PC), which sold over a million units in the previous fiscal year, continued to do well.
“However, no major new titles were released in this period, so sales focused on existing products. Meanwhile, the online titles Monster Hunter Frontier G series (for PC, Xbox 360, PlayStation 3, Wii U, and PlayStation Vita) performed solidly. Because small titles and repeat sales made up the majority of sales overall due to the lack of major titles in the lineup during the period under review, sales were not sufficient to offset the aforementioned downturn in Monster Hunter 4 (for Nintendo 3DS) sales, even though the digital download content supported sales growth.”
It’ll be interesting to see how the company proceeds into the new year since it doesn’t have any big-name games until Resident Evil Revelations 2 releases in early 2015. Stay tuned for more information.