Capcom Q1 sales down, profit up

Strong performance of Okami and the DS installment of Mega Man can't help offset publisher's paucity of big releases.

Capcom has released its first-quarter financial report covering the three months ended June 30, and the publisher came out with a healthier bottom line than it did last year despite lagging sales.

In the first quarter of last year, Capcom reported sales of 11.43 billion yen ($99.25 million), with a profit of 608 million yen ($5.28 million). For this fiscal year's opening three months, the publisher saw a nearly 8 percent slide in net sales to 10.57 billion yen ($91.79 million), while profits spiked almost 33 percent to 808 million yen ($7.02 million).

The publisher noted a number of external factors that had an impact on its numbers for the quarter, including a rebounding Japanese economy, growing demand for portable systems, and strong markets overseas as complementary factors. However, it didn't manage to meet the previous first quarter's net sales figure because the majority of games it sold consisted of "small-scale titles" and games developed in collaboration with other companies.

On the positive side, Okami and Mega Man ZX for the Nintendo DS were both cited as strong sellers in the Japanese market, as was Monster Hunter Freedom for the PSP. Outside of Japan, Mega Man Battle Network 6 for the Game Boy Advance posted solid sales. The company also noted a decrease in development costs for the quarter.

44 Comments

  • swissknife

    Posted Aug 13, 2006 10:34 pm PT

    [This message was deleted at the request of a moderator or administrator]

  • hemakm3

    Posted Aug 13, 2006 7:23 pm PT

    Everyone buy Dead Rising to help Capcom out.

  • odiedodie

    Posted Aug 12, 2006 2:41 am PT

    THIS IS THE PROBLEM WITH GAMING TODAY!

    A COMPANY'S SALES ARE DOWN... YEST THEYRESTILL MAKING MORE MONEY

  • cesarotromundo

    Posted Aug 11, 2006 2:17 pm PT

    Dead Rising should change things around hopefully......

  • SavoyPrime

    Posted Aug 11, 2006 12:23 pm PT

    Hopefully Okami will do well here in North America.

  • comthitnuong

    Posted Aug 11, 2006 11:42 am PT

    as long on the profits are up its ok

  • juvenile_azn

    Posted Aug 11, 2006 10:55 am PT

    Can't wait till okami comes out. it has alot of hype ^^

  • HighPunchRyu

    Posted Aug 11, 2006 10:46 am PT

    I wish them luck in keeping up with the expenses of developing for the Ps3.

  • Andron666

    Posted Aug 11, 2006 8:38 am PT

    Capcom are up there with Criterion and Rockstar.

    You can almost always count on them.

  • jimbo102671

    Posted Aug 11, 2006 8:14 am PT

    Pumping out sequels (Mega Man ZX) and compilations (Street Fighter Alpha Anthology) of proven franchises don't hurt, either.

    Everyone knows that publishers will continue to push what make them money. It's simple economics that requires little (if any) education.

  • relset

    Posted Aug 11, 2006 7:09 am PT

    more money, less fun !!

  • silentmobius

    Posted Aug 11, 2006 6:27 am PT

    Forget Street Fighter 4, I want a next-gen Strider and Rival Schools!!

  • coltACP

    Posted Aug 11, 2006 5:14 am PT

    Capcom are one of the few truely great Game makers that we have, they have always been an arcade style game creator and that style of game won't lose popularity because we all want a bit of quick action to divert us from our real lives every now and again. It is nice to see that they managed to make a profit even though sales were down, this is kind of proving Nintendo's ethos behind Wii too, if developement costs are down then profit is more likely with less sales, this makes it possible to release''niche'' titles with much less risk, Capcom released games like Viewtiful Joe, Killer7 and P.N.O3 all of which were slightly 'niche', hopefully we can expect more of the same in the future(i personally liked all the capaom releases on the Gamecube-except gotcha force and megaman command, oh capcom versus snk sucked too).
    Also with regards to Wii, Capcom have already spent alot of money developing an engine that the Wii can utilise and hopefully we should see the Capcom Resident evil game for Wii within the next year.
    Anyways i think Capcom are one of the best games makers still around and they are one of the only ones which even attempt to step up to challenge nintendo on their own platform-Resident evil 4 proved it can be done, and in honesty SHOULD be done.

  • thekey

    Posted Aug 11, 2006 4:20 am PT


    WESLY_SNYPES
    Forget Powerstone 3 where's Street Fighter 4?!?!

    I know where is Street Fighter 4!?!

  • DarknessOfFate1

    Posted Aug 11, 2006 3:18 am PT

    Does anyone care about capcom anymore?

  • WESLY_SNYPES

    Posted Aug 11, 2006 2:32 am PT

    Forget Powerstone 3 where's Street Fighter 4?!?!

  • supercrap1

    Posted Aug 11, 2006 12:41 am PT

    I'll buy ZX the day it comes out. Now how about POWER STONE 3?????!?!?!

  • faridmon

    Posted Aug 10, 2006 11:17 pm PT

    foxer, are you nuts? you say don't run behind Nintendo and thier top selling games were on a NINTENDO platforms *sigh* fanboys.
    anyway, Megaman ZX should be the best Megaman since the X days, cause i read the previewe on ONM (official Nintendo Magazine)and it looks awsome and cool, the suit thing at real time, priceless...
    but they need to suport the DS more, i don't see them suporting Nintendo since they bringed Resident Evil 0 and P.N.0.3., the later which sucked, but Capcom is very good at making games i can't wait for Okami.

  • drangel_jam

    Posted Aug 10, 2006 11:05 pm PT

    the wnd qtr will surely be better with games like Dead Rising

  • foxer_2005

    Posted Aug 10, 2006 9:16 pm PT

    Don't go running behind Nintendo, make another Resident Evil Game for the PS2. I'm all waiting.

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