Capcom enjoys record profits despite declining revenues
Capcom’s revenues declined 18.4 percent year-over-year to ¥81.6 billion ($766 million). This, however, didn’t stop the company from reporting ¥15.95 billion ($150 million) in net profits, which is 27.1 percent more that in the fiscal year 2019.
This is a third consecutive year that Capcom has seen record-high profits. Among growth drivers the company mentions its shift toward digital distribution, as well as strong sales across its portfolio. Monster Hunter World: Iceborne sold over 5 million copies. The original Monster Hunter World has by now sold 15 million copies. Resident Evil 2, and Devil May Cry 5 also continue to perform strongly.