Capcom Sales Grow 14% in Latest Fiscal Year

Capcom Sales Grow 14% in Latest Fiscal Year

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. .....
Japanese Video Game Companies Increase Focus on Western Markets

Japanese Video Game Companies Increase Focus on Western Markets

In a tough 2022, Japanese video game publishers did surprisingly well in the high-end North American and Europe markets.  This is an indication of a trend of Japan IP having a larger impact on the global market.  It also highlights some major differences between pay-upfront business models and live services/free-to-play models. Japanese Companies Dominated the Late 1980s and early 1990s With the rise of Nintendo in the 1980s, publishers from .....
Capcom Top Video Game Stock of 2022

Capcom Top Video Game Stock of 2022

In the recently launched DFC Intelligence Video Game Stock Index, Capcom (9697.T-JP: Tokyo) (OTC:CCOEY) was the top performer with a stock increase of 37% from January 2022 to January 2023. The overall DFC Intelligence Video Game Stock Index was down 30% in 2022. In late October, Capcom announced a 30% decline in revenue for the first six months of the fiscal ye.....
Capcom Raises Forecast As Revenue Dips

Capcom Raises Forecast As Revenue Dips

Capcom announced, for the first six months ending 9/30/22, sales were down 30% to 49,067 million yen from the previous year period.  Net income was down 27% to 16,142 million yen.  Despite the decline, Capcom raised its forecast for the fiscal year ending 3/31/22 from 120,000 million yen to 125,000 million yen. Analysis Capcom is a relatively small Japanese publisher that has a long history in the video game business.  The company has so.....
Capcom Announces Resident Evil 4 Remake

Capcom Announces Resident Evil 4 Remake

Capcom announced that Resident Evil 4 will release for PlayStation 5, Xbox Series X/S, and PC on March 24, 2023.  The series has cumulative shipments of 125 million units since launching in 1996. Analysis The original Resident Evil 4 launched in 2005, so this is a remake.  In DFC surveys of horror video game fans resident Evil and Konami’s Silent Hill come out as fan favorites despite dating back to the 1990s. DFC believes that many .....

Capcom Shifts Strategy

APRIL 19, 2013 • Changing consumer preferences in favor of mobile and online game platforms has led Capcom Co., Ltd. to announce a serious restructuring of its product plans. Capcom reviewed its business expansion strategy and restructured its game development organization to account for what it characterized as its own delayed response to the shift to digital media delivery being seen throughout the video game industry. Furthermore, the company admitted a decli.....

Capcom Looking Outside Japan

SEPT. 12, 2008 • In a shareholder financial report, Capcom chief executive Kenzo Tsujimoto outlined goals of expanding the publisher’s business in global markets. To that end, Tsujimoto said Capcom would not be entertaining acquisitions or mergers in Japan, yet would be aggressively pursue acquisitions and partnerships worldwide. As of March 2008, the company said 53 percent of its game sales came from Japan, with North America accounting for 28 percent, and Europe 19 percent. Driving.....