REPORT - Capcom net profit forecast cut in half
Posted by GoNintendo Mar 31 2014 18:10 GMT in Nintendo Stuff
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Capcom slashed its net profit forecast by 50 percent, citing expenses in improving its business structure as a key factor.

A new investor's note from the company confirmed the massive reduction to its forecast from ¥6.8 billion to ¥3.3 billion for the full fiscal year. The company states it experienced an unexpected ¥5 billion in business costs concerning "business structural improvement expenses," designed to improve Capcom's financial performance.

Full report here



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