Capcom Financial Results for the Fiscal Year Ended March 31, 2013
Posted by GoNintendo May 08 2013 14:40 GMT in Nintendo Stuff
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Capcom Co., Ltd. would like to announce that net sales increased to 94,075 million yen (up 14.6 % from the previous year). As for profit, operating income decreased to 10,151 million yen (down 17.6 % from the previous year), and ordinary income decreased to 10,944 million yen (down 7.4 % from the previous year). Net income for the current period decreased to 2,973 million yen (down 55.8 % from the previous year).

During the fiscal year ended March 31, 2013, in the Digital Contents business, which constitutes our core competence, the package flagship title "Resident Evil 6" sold 4.9 million units, however, subsequently plateaued. As a result, it did not meet with our projection. In contrast, "Dragon's Dogma" became a greater-than-expected hit product in the domestic market, which has high profitability, and became an unprecedented million seller in the recent years as an original title.

Additionally, "Minna to Monhan Card Master" and "Resident Evil: Outbreak Survive" steadily gained new users thanks to the increasingly widespread of smartphones and as a consequence, both titles enjoyed membership exceeding two million each. In addition, "Smurf's Village" under the "Beeline" brand has securely built stable sales over a long range.

Furthermore, in the Amusement Equipments business, the business scale steadily expanded. This was due in part to the pachislo machine flagship title "Resident Evil 5", whose sales significantly exceeded expectations in a synergy with home video game software and buoyed profits.

As a result, consolidated financial results for ended March 31, 2013 increased in net sales but decreased 17% in operating income from the previous year due to increased cost of sales and higher selling, general and administrative expenses. Also, net income decreased due to special loss relating to the cost of business restructure that was necessitated by the overhaul of the development system.

As for the forecast for the next fiscal year ending March 31, 2014, we expect high profit, which are 97,000 million yen in net sales and 12,000 million yen in operating income by directing our development resources to the development of online games (mobile, PC online and downloads for consumer games), which is a growing area, and by releasing large-scale titles such as "Monster Hunter 4" and "Lost Planet 3" focused on the domestic and overseas markets respectively.

Full report here

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