Capcom sales up 7.5% year-on-year

Capcom just published its financial results for the three months ended on June 30th, with net sales reaching 11,746m yen (80.6m) and representing a 7.5 per cent increase compared to the same period last year.

The Japanese developer and publisher estimates its revenue will reach 93bn yen (638m) by the end of the fiscal year ending in March 2018, which is what they already projected back in April.

Digital games did particularly well, with sales up 14.1 per cent year-on-year, reaching 7,688m yen (52.7m).

Although the first quarter corresponds to the market’s off-season in terms of the launch cycle for major titles,Ultra Street Fighter II(for Nintendo Switch), which was released in May 2017, made an excellent start and proved to be a smash hit,” the report reads. In addition,Resident Evil 7 biohazard(for PlayStation 4, Xbox One and PC) andMonster Hunter XX (Double Cross)(for the Nintendo 3DS family of systems) contributed to revenue to a certain extent.”

Licensing and merchandise performed really well as well, with sales reaching 415m yen (2.85m), representing a 13.2 per cent increase year-on-year.