The lights are on
Capcom has reported its first quarter fiscal year 2013 results, and the numbers show significant drops year-over-year. The company is still in a positive net income position, but compared to last year, the results aren't good.
The company is reporting a 6.2 percent drop in net sales at ¥17.5 billion ($177.4 million). At the same time, the costs of good sold increased 11.5 percent, which creates an even wider gap in performance from last year's same quarter.
Operating income has decreased by 72.9 percent, with the digital sector exceeding that drop with 82.4 percent lower performance than last year. Sales of Resident Evil: Revelations came close to meeting expectations, and Dragon's Dogma: Dark Arisen performed well but didn't motivate an increase in overall sales.
Two Asia-specific titles, Monster Hunter Frontier G and browser-based Onimusha Soul did well, with the later getting off to a strong launch. The publisher's mobile offerings fell significantly short due to the absence of major titles, according to Capcom.
During its year-end 2012 reporting three months ago, Capcom was one of the few publishers to report an expected significant uptick in development costs for the generation transition. At that time, it also only reported one major title for the coming months, Lost Planet 3.
Since then, we have learned about Dead Rising 3 for Xbox One and Ultra Street Fighter IV. The former is expected in November, with the latest iteration of Capcom's popular fighting series due out next year.
Capcom has not revised its expectations for the current fiscal year, and the company still expects to end the year with ¥6.8 billion ($69 million), a 128.7 percent increase in net income over fiscal year 2012.
Our TakeCapcom must have some aces up its sleeve. First quarter performance dipped significantly in comparison across years, and the company doesn't have enough announced to warrant the level of confidence in the forecast.
Dead Rising 3 will likely sell well, especially as a launch title. Monster Hunter 4 on 3DS in Japan is going to be a very strong mover. I also expect that Ultra Street Fighter IV will be a hit. Lost Planet 3 is a lost cause, and unless there is some big news from Capcom at Gamescom, PAX, or TGS, I'm not sure how the company will reach its targets. Perhaps Strider Hiryu and Scrooge McDuck are going to kick in more than any of us realize.
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"Lost Planet 3 is a lost cause"- that's the first thing I thought when I saw this article.
I can already tell Lost Planet 3 is gonna be mediocre it was obvious from the beginning,but yeah I'm definitely going to be buying Ultra Street Fighter and Strider because they actually looks awesome. But what they really need to do is announce that Resident Evil 2 Remake that everyone is craving.
A side-scrolling Megaman/MegamanX or a new Megaman Legends. An outside-of-just-Japan Onimusha title (that is more like the first one than the others and perhaps includes Samanosuke and what happened "next"). Perhaps a worthwhile Ghosts n' Goblins remake/sequel? Maybe a Darkwing Duck remake now that Ducktales is being remastered. A new Breath of Fire that's *not* like Dragon Quarter (not a terrible game so much as an extreme and perhaps unwelcomed deviation). A Resident Evil that doesn't break the successful formula they had going for years (it was successful for a reason). This list could be huge considering the enormous list of games Capcom put out during its more lucrative years.
It is entirely ok to make/remake sidescrolling games, especially the ones that were/are hugely successful. New IPs and directions are great, but when their current model has them ailing so badly perhaps it's because gamers are voting with their wallets now that Capcom has seemingly dropped many of the titles that we expected to keep seeing from them.
I think Strider and Ducktales are gonna help their profit margins. The nostalgia is strong in those titles and I'm sure they aren't costing Capcom an arm and a leg to produce. I'm definitely buying those when they're out since I'm old and I like revisitng my childhood. Also, as a fighting game player, I'm really excited about Ultra SF4, so that's another bit of moolah I'll be giving to Capcom.
LOL!!! GREEDcom SUX!!!!!
Sad to see, strider and ultra will set it straight
I still have no hope for Lost Planet 3