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Capcom Increases Full Fiscal Year 2015 Profit Despite 37 Percent Drop In Sales
Capcom has closed out its fiscal year ending March 31, 2015. The company marked increased operating income and net income, with the latter closing up nearly 100 percent.
Net income for fiscal year 2015 was ¥6.6 billion ($55.1 million) compared to the previous year of ¥3.4 billion ($28.4 million). Sales dropped from ¥102.2 billion ($853.7 million) to ¥64.3 billion ($537.1 million), largely on the collapse of the company’s amusement business (pachinko). Sales dropped 67.4 percent and operating income for the segment decreased by 61.6 percent.
The digital business (video games) also saw decrease in sales, but an increase in operating income. Sales dropped by 31.1 percent from ¥65.8 billion ($549.7 million) to ¥45.4 billion ($379.3 million). Operating income rose from ¥4.9 billion ($40.9 million) to ¥10.2 billion ($85.2 million).
Capcom announced earlier this week that it had shipped over 1 million copies of Monster Hunter 4 Ultimate in the west. The title continues to perform well worldwide.
Ultra Street Fighter IV continues to sell well, especially in the west. The company hasn’t specified sales for Resident Evil Revelations 2, which it says was released “in an ingenious manner” (read: episodically over four weeks) is off to a strong start.
Capcom expects improved sales in the new fiscal year of ¥76 billion ($634.9 million), with net income of ¥7.7 billion ($64.3 million). The company says it will reach these targets by improving efficiencies and launching more major titles.
[Source: Capcom]
Our Take
With impressive sales of Monster Hunter 4 Ultimate in the west, Capcom continues to build a worldwide fan base. The publisher hasn’t spoken much about its upcoming titles though. We’re eager to see what Capcom is bringing to E3.
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