Yesterday Japanese publisher Capcom has released the financial results for the six month period ended September 30. Sales have seen an increase, but net income has dropped again.
The report shows that net sales rose by 22.2 percent from the same time last year, increasing from 25.9 billion yen ($214 million) to 31.6 billion yen ($262 million). Despite that rise, profits are down 34.4 percent, dropping from 2.9 billion yen ($24.5 million) to 1.95 billion yen ($16.1 million). It is unusally for a company to report its financial results in six-months period as companies focus on three-month periods segmented into four quarters across their financial year.
In its investor relations report, Capcom described digital sales of games such as Monster Hunter 4 Ultimate and Resident Evil Revelations 2 as “firm, particularly in overseas markets.” The Street Fighter, Monster Hunter, and Resident Evil company reported $262 million in net sales, which represents a 22 percent increase over the same six month period in 2014, when net sales were cited as $214 million. Net income during this period, meanwhile, reached $16 million. This is a decrease of 34 percent over 2014, when it reported a net income of $25 million.
Looking ahead to the end of the fiscal year, which ends on March 30, 2016, Capcom is forecasting that sales will have increased by 18.2 percent year-over-year, rising to 76 billion yen ($628 million). Capcom expects to end the year with a profit of 7.7 billion yen ($63 million).