Capcom Achieves Six Successive Years of Record-High Profits; Share Price Skyrockets
Capcom games have proven to be the leading cause behind its consistent record-shattering performance.
- Capcom recently published its year-end financial results for the fiscal year ending March 31, 2023. It sold over 47.1 million games, breaking the previous record of 32.6 million copies sold.
- It had the sixth successive year of record-high and all-time-high profits. Moreover, the renowned publisher also reported a tenth year of growth in operating income.
- Resident Evil 4 moved 3.7 million units as of March 31. Resident Evil Village sold 7.9 million copies. Monster Hunter: Sunbreak rolled over 5.5 million, while the base game sold 12.7 million copies.
- Capcom expresses a healthy forecast for the current fiscal year, and its share prices have skyrocketed after the report went live, causing the price to climb nearly 20 dollars per share.
Capcom has recently released its financial results for the fiscal year ending March 31, 2023, detailing the specifics of the last fiscal year in the report. The renowned publisher has reportedly continued its streak of yet another successful year of record-high profits. Moreover, the report also mentions that it has completed a full decade of gaining growth in operating income, which is a massive milestone to boast about.
The publisher has reportedly sold over 47.1 million games globally during the last fiscal year, breaking off its previous record of 32.6 million copies. As a result of the new achievement, it has crossed its set record of the most games sold in a business year. The giant number was only achieved due to the thriving sales of the Resident Evil 4 remake, Monster Hunter Rise: Sunbreak, and many other titles in the previous fiscal year.
The financial report shows that Resident Evil 4 moved over 3.7 million units as of March 31. On the other hand, Resident Evil Village reportedly sold 7.9 million copies. Monster Hunter Rise: Sunbreak stands at a substantial 5.5 million number, while the base game currently stands at 12.7 million units sold, as reported in the financial results.
Net sales amounted to 125,930 million yen (increased by 14.4 % year-on-year), and operating income boasted 50,812 million yen (grown by 18.4 % year-on-year). Both the net sales and the operating income skyrocketed to be the highest in Capcom’s history; hence, it surpassed its record and achieved the sixth successive year of record-high profits.
Capcom also gives a healthy forecast for its current fiscal year, hinting at another flourishing year, as it anticipates 56,000 million yen in operating income and 140,000 million yen in net sakes. After selling 47 million entries in the last fiscal year, it is targeting to roll over 45 million copies for its current fiscal year, but its eventual goal is to achieve the staggering goal of 100 million.
Digital content sales, meaning video games, also achieved exorbitant sales in the last fiscal year; the 47.1 million copies sold amounted to 98,158 million yen, and operating income stood at 53,504 million yen, both climbing to a new level year-on-year. The current fiscal year sales forecast is about 106,300 million yen, and operating income is expected at 58,900 million yen.
The new financial report detailing the last fiscal year has greatly boosted Capcom’s prices of shares, leading to a record-high cost. It has caused the price to climb by nearly 20 dollars.
The publisher has stepped up the quality of its games in the last six years, releasing a slew of enticing entries and remakes in various genres that have won the heart of the community every single time. Its focus on high-quality PC releases has contributed significantly to increasing the profits and operating income of the company in the last six years, which continues to increase in every fiscal year because of the triumphs.
Capcom is a Japanese giant in the gaming industry that is renowned for its horror and fighting entries, and its recent financial results have just dropped, revealing plenty of indisputable accomplishments. The latest financial results only reflect the vast milestones that the giant conglomerate has achieved. We can expect it to surpass more expectations with its newer projects, like Street Fighter 6 and future Resident Evil projects.
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