Capcom reports a 37 percent drop in their financial results for the first quarter of their fiscal year ending March 31, 2014.
The company’s latest financial report notes a loss of 828 million yen (which comes out to be roughly $8.4 million). This marks a 6.2 percent drop as compared to their Q1 sales from last fiscal year. Capcom acknowledges “scant new product releases in anticipation of a full-scale launch of next-generation home video game consoles,” with their heaviest hitters—Resident Evil Revelations and Dragon’s Dogma: Dark Arisen—meeting projected sales.
The report reiterates Capcom’s intention to reduce “outsourced development work” in favor of in-house development.