News

Capcom Drops FY15 Sales Forecast By Nearly 20 Percent, But Catalog Titles Save Net Income

by Mike Futter on Jan 09, 2015 at 08:09 AM

Capcom has issued revised sales figures for the year ending March 31, 2015. The company is lowering its projections from ¥80 billion ($669 million) to ¥65 billion ($543 million - a decrease of 18.75 percent).

The publisher attributes the drop to softness in its pachislot business. The company had to delay new models of its machines, which in turn caused the delay of sales of new titles.

Despite the change, Capcom expects that net income will see a slight uptick in the amount of ¥200 million ($1.67 million) or 2 percent of previous forecast. Catalog video game sales and high profit margins on digital sales in the United States and Europe will keep the company afloat through the remainder of the year.

[Source: Capcom via Joystiq]

 

Our Take
There is good news in here for Capcom, especially as the company prepares to launch two Resident Evil titles before year end. The company’s game portfolio is more than making up for softness in other areas. With Monster Hunter 4 still ahead outside of Japan and (maybe) Deep Down, fiscal 2016 could be a very strong year for Capcom.