Capcom continues to soar: they also closed a record year in austerity

For the third time in a row, Capcom closed the business year with a record profit, although revenues fell sharply.

• Capcom closed the last business year with a record profit
• Revenues, however, fell 18 percent

After EA and Activision Blizzard, Capcom also produced its annual business report, which shows that the Japanese publisher closed the period between April 2019 and March 2020 with revenue of 81.6 billion yen, down 18 percent from a year earlier. However, despite the weaker sales, Capcom managed well, closing the business year for the third time in a row with a record profit – in this case, they could post a profit of 15.95 billion yen, an improvement of 27 percent.

Unsurprisingly, Capcom’s revenue has declined as the past business year has been essentially “surrounded” by big releases, with Devil May Cry 5 released back in March last year and Resident Evil 3 back in April this year, so in fact Monster Hunter World: Iceborne was their only major appearance during this period. True, the latter is already over 5 million copies, while the base game has sold out more than 15 million so far, but previous titles like the already mentioned DMC5 or Resident Evil 2 have still performed well.

It is rumored that for the current business year (April 2020 – March 2021), Capcom will be making four big titles, of which Resident Evil 3 was the first, and there is a good chance that Resident Evil 8 will be among them. In light of this, it is not surprising that the forecast also expects an improvement in revenue (85 billion yen) and profit (25.5 billion yen in profit).