Capcom has reported a 1.5 per cent year-on-year increase in operating income to 10.3 billion JPY (US$101 million) with net revenues up 8.6 per cent year-on-year to 102.2 billion JPY (US$1 billion) and a year-on-year rise in net profit of 15.9 per cent to 3.44 billion JPY (US$33.8 million) for the fiscal year ending 31 March.
Monster Hunter 4 for the Nintendo 3DS, launched in Japan last September, sold over 4.1 million units. Microsoft Xbox One exclusive Dead Rising 3 also sold 1.2 million units worldwide, and Resident Evil: Revelations HD recorded global sales of over 1 million units.
In January Capcom revised expected net profits for the fiscal year down sharply from 6.8 billion JPY to 3.3 billion JPY. The Japanese publisher attributed the 50 per cent reduction to expected costs related to major structural changes in the company’s mobile business.
“Due to rapid changes taking place in the market for games, Capcom is building a sound base for earnings by reorganising the product development framework and improving development processes,” said Capcom in a statement to shareholders. “These are two core elements of the company’s operations.”
Last month Capcom also announced that the Japanese publisher will invest US$78 million in new R&D facilities near the company’s Osaka headquarters and plans to expand the number of internal development staff to 2,500 by 2022.
For the current fiscal year Capcom forecasts operating income to rise to 10.5 billion JPY (US$103 million) and net revenues to fall to 80 billion JPY (US$786 million).
