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Capcom Announces Record Q2 Profit Among “Solid” Resident Evil 3 & Catalog Games Sales

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Capcom Announces Record Q2 Profit Among “Solid” Resident Evil 3 & Catalog Games Sales

Today Capcom announced its financial results for the first quarter of the fiscal year 2020, and they’re very strong.

Today Capcom announced its financial results for the first quarter of the fiscal year 2020, which is related to the period between July 1 and September 30, 2020.

Below you can see the results for the whole company, which set a profit record for a second quarter of the fiscal year.

Net sales also marked a 12.8% improvement year-on-year.

Speaking of the Digital Content business, net sales for the quarter were 35,378 million yen (up 21.3% year-on-year) and operating income was 19,849 million yen (up 36.9% year-on-year).

We also read that Resident Evil 3 delivered “solid” sales. In the meanwhile catalog games (those released in previous quarters) including Monster Hunter World: Iceborne “drove up profits.”

“In this business segment, new title Resident Evil 3 (for PlayStation 4, Xbox One, and PC) was released in April 2020 and delivered solid sales. Meanwhile, high-margin catalog titles demonstrated their long product lives, including with the continued growth of Monster Hunter World: Iceborne (for PlayStation 4, Xbox One, and PC), which was released in the previous fiscal year, all of which drove up profits.

In the Mobile Contents sub-segment, licensing revenue from the use of the Company’s major IP also contributed to profit.”

We also hear that Capcom’s head of eSports Business Division Nobuhiko Shimizu has resigned. No replacement has been announced for the moment.

If you’re interested in the comparison, you can check out our dedicated article featuring Capcom’s results for the previous quarter.

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