Capcom net sales slump 29%

Capcom has reported its earnings for the nine-month period ending December 31, 2011, and it shows a net sales loss. The company's net sales were approximately $661 million, down 29% year-over-year, and operating income dropped 47.2%. In the remaining three months of fiscal 2011, Capcom is planning on sell 2 million copies each of Resident Evil: Operation Raccoon City and Street Fighter X Tekken.

The report isn't all bad news, however. Joystiq reports that part of the reason for the slump is that it's being compared to the prior year -- which had massive hits like Monster Hunter Portable 3rd and Super Street Fighter IV. This year's hits include Monster Hunter Tri-G (1.2 million units), Ultimate Marvel vs Capcom 3 (800,000 units) and Dead Rising: Off the Record. Those all did reasonably well, and just compare poorly to prior blockbusters.

Andriasang reports that on top of the two near-term releases, Capcom points to Dragon's Dogma as an example of a new franchise, and Resident Evil 6 as a game with a faster development time.