Capcom claims it is making "good progress" despite a decline in sales for the first half of the year
Capcom disclosed its financial performance for the first half of its 2024/25 fiscal year, noting "good progress" towards its annual objectives. The company, known for its video games, mentioned that sales of previously released titles rose year-over-year, and its performance in arcade operations and amusement equipment contributed positively to its profits.
Capcom's financial results were influenced by the schedule of new game releases, such as the latest installment of Monster Hunter, with projections "weighted" more towards the latter half of the year.
The numbers
By the end of September 30, 2024, Capcom's financial metrics revealed:
- Net sales amounted to ¥56.4 billion ($368 million), marking a 25% decline compared to the previous year
- Operating income was ¥20.7 billion ($135 million), a drop of 39% from last year
- Net income stood at ¥15.2 billion ($99 million), reflecting a 40% decrease year-on-year
During this period, Capcom introduced six new titles, including Dead Rising Deluxe Remaster, and noted robust growth in its Monster Hunter series that is expecting a new release on February 28, 2025. Despite these changes, the company is maintaining its full-year projections and striving for a 12th consecutive year of growth, primarily fueled by a steady increase in its digital content sector.
The distribution breakdown showed that 54% of game sales were on PC, an increase of 6% from the previous year, while console sales remained steady at 40%. Overall unit sales decreased by 11.4% year-over-year, totaling 20.05 million units, with nearly 85% of sales originating from international markets. In contrast, domestic sales in Japan made up 15%. A significant majority, 93.7%, of sales in this half-year were digital.
Key franchises and their all-time sales figures were also highlighted by Capcom:
- Resident Evil: 163 million units
- Monster Hunter: 105 million units
- Street Fighter: 55 million units
- Mega Man: 42 million units
- Devil May Cry: 32 million units
- Dead Rising: 17 million units
- Dragon's Dogma: 12 million units
- Ace Attorney: 12 million units
- Marvel vs. Capcom: 11 million units
- Onimusha: 8.7 million units