Capcom on Track for Record Fiscal Year
Posted on October 31, 2012 AT 04:07pm
Thanks to stronger than expected sales for Dragon’s Dogma and a great launch for Resident Evil 6 has pushed Capcom to record earnings for the first half of its fiscal year 2012.
For the six months ending September 30, the company reported net sales of 45,538 million yen, or about $571 million U.S. dollars, up 55.7% over the same period last year. But that isn’t nearly as impressive as the company’s net income which increased 355.1% to 4,125 million yen ($51.7 million). The company projects they will end the year with net sales of 105,000 million yen (about $1.3 billion) and a net income of 9,800 million yen (about $122 million). This would yield earnings of 170.19 yen ($2.13) per share of common stock.
Capcom credits Dragon’s Dogma as one of the games pushing their earnings to higher than expected levels, with more than a million copies sold worldwide. The fact they have shipped 4.5 million copies ofResident Evil 6certainly doesn’t hurt matters either.
Other positive sources of income listed are continued strong sales for Resident Evil: Operation Raccoon City (which launched in its previous fiscal year), mobile games like Resident Evil Outbreak Survivor, and social games such as The Smurfs Village and Snoopy’s Street Fair.
While no mention of fighting games was specfically made, we expect Ultimate Marvel vs. Capcom and Street Fighter X Tekken didn’t hurt matters any.
Capcom’s next big release is DMC: Devil May Cry, scheduled to release worldwide in mid January.
Source: Capcom
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