Capcom revealed its earnings for fiscal year 2011, which ended on March 31, and unlike last year it's good news for the company. Net sales increased 46.2% to 97.7 billion yen ($1.2 billion). Operating income was up 155.8%, and ordinary income was up 132.6%. Net income increased to 7.7 billion yen ($95 million), up a whopping 257.6% from the prior year. The company says this marks record net sales, operating income, ordinary income, and net income.
Monster Hunter Freedom 3 was credited for a large part of the profits, which shipped more than 4.6 million units and became the fastest-selling PSP game. Capcom also credited Western-focused games Dead Rising 2 and Marvel vs Capcom 3 for two million units each. In alternative revenue streams, the company said the online title Monster Hunter Frontier Online showed "solid performance," and the Facebook and iOS social game Smurfs Village had a surprising level of downloads.
Capcom doesn't expect the gravy train to continue, at least not at that level. The statement suggests lower earnings since it won't have heavy hitters like Monster Hunter, but is looking to grow its online and mobile games business in the coming year.
Steve Watts posted a new article, Capcom sees record revenues in FY2011.
Capcom released its FY2011 earnings, revealing a record year of profit thanks to the popularity of Monster Hunter, Dead Rising 2, and Marvel vs. Capcom 3.
Capcom is awesome, I have always been a mega fan since I started my gaming in the Arcades.
Its pretty cool they have stuck to creating rad software after all these years I am looking forward to what they have in store for E3?
Anyone know if there will be new stuff at E3 that have some inside intel?
Good for them. They seem to be having a bit of a rennaissance since SF4 came out.