Publishing some of gaming's most well-known franchises including Resident Evil, Street Fighter, Monster Hunter, and more, Capcom has an incredibly strong portfolio of IPs. While the future of Capcom games looks bright to many, with titles like Street Fighter 6 and Exoprimal on the way in 2023, the company recently shared some information not related to its games. Rather, Capcom showed off its financial intentions for the coming years, and how it plans to mark its tenth year of income growth.
Capcom has claimed that it is on track for a tenth consecutive year of growth despite recent dips in sales. For 2022's second quarter, which ended on June 30, Capcom saw its net sales down 47.9% from last year. Operating income was down 48.9% and ordinary income also saw a fall of 46.4%. However, Capcom believes that this decline compared to 2021's quarter was primarily due to the launch and success of a major title in Resident Evil Village. The latest game from the franchise did see a large number of sales, and as of January 2022, Resident Evil Village had topped 5.7 million units.
Just because there's an explanation for this drop in income does not mean Capcom isn't looking to improve from its revenue dip. The company still claims it is on track to reach its expected full-year earnings, likely picking up the lost income through other major titles released in the second half of the financial year. The upcoming Resident Evil 4 Remake, for example, is set to release towards the end of March 2023, just a week before the end of Capcom's fiscal year.
Before the release of the Resident Evil 4 Remake, Capcom has already seen some financial success in the second half of the financial year. 2 million of the company's 11.7 million sold units of software come from Monster Hunter Rise: Sunbreak. The latest expansion for Monster Hunter Rise offers new monsters, areas, and more for fans, giving the title a boost in popularity. The sales of Monster Hunter Rise: Sunbreak and other titles are predicted to increase net sales by 9% by the financial year of 2023, giving an increase in salaries for its workers and further enhance employee welfare.
There are another couple of major releases that could support Capcom's sales to reach its 2023 targets. Currently, Street Fighter 6 and Exoprimal have vague release dates of 2023, meaning that when fans find out more about when these games are coming, they may see that Capcom is planning to boost its sales with titles beyond the Resident Evil 4 Remake. There's also the Resident Evil Village DLC to consider too, which will likely create a lot of digital sales.
Source: VGC