Capcom Reports Reduced Sales, Operating Income Up From Last Year
Titles like Dead Rising 3 and Monster Hunter Frontier GG continue to do well though.
Capcom has revealed its financials for the first quarter of the 2015 fiscal year and sales are down. This, according to the company, is “due to a lack of new major titles.” Net sales for the period of April 1st to June 30th 2014 were 9.57 billion yen ($93 million), which is down by 45.1 percent from the same quarter last year.
However, titles like Dead Rising 3 and Monster Hunter are doing well. The former has “continued to show robust sales” while Monster Hunter Frontier G Genuine has “performed steadily with major update.” The company is currently “on track to achieve full-year forecasts with improving profitability” and will improve earnings by “reducing the cost of sales.”
Despite the decreased sales, operating income was 1.26 billion yen ($12.2 million), which is up by 75.3 percent. Net income was 765 million yen ($7.4 million), marking a 7.5 percent decrease from the prior year. Capcom doesn’t have any major releases in this quarter save for Dead Rising 3 releasing for PC so we’ll see how things pan out by November.