Capcom's Q1 Net Sales This Year Down 45.1%
Posted on Thursday, July 31 @ 14:00:00 Eastern by Nicholas Tan
Capcom has announced its overall results via press release for the first quarter of the 2014-2015 fiscal year (April 2014 to June 2014), revealing that net sales have decreased 45.1% while the operating income increased 75.3%, mainly by reducing the cost of mobile content and administrative expenses. Year-over-year, net income has decreased 7.5%.
While Dead Rising 3 has sustained "a robust sale," along with "repeat titles and digital download contents," and Monster Hunter has performed well on iOS platforms, the lack of a new major title from Capcom during this period has lead to the decreased sales.
Capcom's forecast for the rest of the fiscal year "remains the same as what was projected at the financial results announcement on May 8, 2014."
Criticism has surrounded Capcom for its re-releases of major titles and DLC strategy. In mid-June, Capcom decided not to sustain its stock takeover plan, allowing a third party like Bandai Namco or Microsoft to control the company by obtaining a majority stock holding.
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