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News - Sales down, profits up at Capcom

#1
Sales down, profits up at Capcom

<div style="margin: 5px 5% 10px 5%;"><img src="https://www.sickgaming.net/blog/wp-content/uploads/2020/05/sales-down-profits-up-at-capcom.jpg" width="300" height="300" title="" alt="" /></div><div><p><em>Monster Hunter</em> publisher Capcom reported Friday a year on year decline in annual sales, but a jump in profits for its full fiscal year.</p>
<p>The company said the past year is the seventh consecutive year of operating income growth and the fourth year in a row of record-high profits.</p>
<p>Sales for the fiscal year ended March 31 were 82 billion yen ($770 million), down 18 percent compared to the previous year, while operating income was up 26 percent to 23 billion yen.</p>
<p>The company attributed the profit increase to high-margin digital sales. Games including <em>Monster Hunter World: Iceborne</em>, and catalog sales of <em>Resident Evil 2</em> and <em>Devil May Cry 5</em> helped drive sales during the year. Capcom’s new pachislot game <em>Shin Onimusha</em> also experienced better than expected sales.</p>
<p>For the current fiscal year, Capcom expects net sales of 85 billion yen and operating income of 26 billion yen.</p>
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https://www.sickgaming.net/blog/2020/05/...at-capcom/
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