Editorial, Author at DFC Intelligence

Capcom Sales Grow 14% in Latest Fiscal Year

May 16, 2023May 16, 2023

For the fiscal year ended 3/31/23 Capcom (9697.T-JP: Tokyo) (OTC:CCOEY) saw sales increase 14% YOY to ¥125,930 (about $1 billion). Net income was up 13% to ¥36,737. Sales in the video game Digital Contents division increased 12% and accounted for 78% of overall revenue. Capcom sold 41.7 million home video game units in the year, the highest in company history. For the fiscal year ending 3/31/24, Capcom is forecasting 12% sales growth. .....

Google’s Cloud Game Strategy Post Stadia

May 16, 2023May 22, 2023

DFC Intelligence is doing a series of reports and in-depth research on the future of cloud games, live service games and the emergence of games as a service. As part of this research, we are talking with experts from the leading companies in the industry. With products like Google Play and YouTube Google has been a behind-the-scenes leader in video games for years. Becoming a leader in AAA games has been more challenging. Early this year Google shut down its cloud game s.....

Square Enix Sales Decline

May 12, 2023May 12, 2023

For the fiscal year ended 3/31/23 Square Enix (9684.T-JP: Tokyo) reported a 6% decline in revenue to ¥343,267 million (close to $3 billion). The Digital Entertainment division, which accounts for 72% of sales, saw a 12% decline. Analysis It was a turbulent year for Square Enix. Last May, the company sold its Western-based Eidos division to the Embracer Group. .....

Roblox Has Strong Q1 2023

May 11, 2023May 11, 2023

For the first quarter ending 3/31/23, Roblox Corporation (NYSE: RBLX) reported record revenue of $655 million, up 22% over the previous year quarter. Bookings for the first quarter were $774 million, up 23% over the previous year. Roblox reported a loss of $268 million for the first quarter 2023 versus $160 million for Q1 2022. Analysis Roblox bookings were a record $899 million in the fourth quarter of 2022. Because bookings include deferred rev.....

Electronic Arts Reports Record Revenue

May 10, 2023May 10, 2023

For its fiscal year ending 3/31/23, Electronic Arts (NASDAQ: EA) reported record revenue of $7.4 billion, up 6% from fiscal 2022. For the fourth quarter FY 23 revenue was up 3% to $1.87 billion. The biggest growth area for EA has been live services which was up 10% YOY in fiscal 2023 and 8% in Q4. Analysis At $1.87 billion, EA’s Q4 revenue beat its estimate of between $1.7 to $1.8 billion. However, this was after EA had .....

Nintendo Results Meet Expectations

May 9, 2023May 9, 2023

For its fourth fiscal quarter ending 3/31/2023, Nintendo (7974.T-JP: Tokyo) (NTDOY: OTC) reported revenue was down year-over-year 18% to ¥306,499 million. For the full fiscal year 2023, revenue was down 6% to ¥1,601,677 million. Switch hardware sales for the fiscal 2023 were 18 million versus 23 million in fiscal 2022. Software unit sales were down 9% to 214 million units. For fiscal 2024, Nintendo is forecasting sales to be down 9.5% and net profit down 21.4.....

Is Microsoft Activision Blizzard Deal Dead?

April 28, 2023April 28, 2023

The U.K. Competition and Markets Authority (CMA) has announced that it is blocking the proposed Microsoft purchase of Activision Blizzard. Does this mean the deal is dead? The answer is complex. Summary: AKA Just Give Me the Answer DFC gets a ton of questions on this subject so we are providing a full summary of events here. However, for the quick summary: No the deal is not dead! However, Microsoft will likely need to make further compromises to appea.....

PlayStation 5 Sales Set Record