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Capcom Announces Record Profits For The Fourth Year in a Row Driven by Successful Gaming Business

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Capcom Announces Record Profits For The Fourth Year in a Row Driven by Successful Gaming Business

Today Capcom announced its financial results for the fiscal year 2020, which is related to the period that ended on March 31, 2021.

Today Capcom announced its financial results for the fiscal year 2020, which is related to the period that ended on March 31, 2021.

Net sales were 95,308 million yen (up 16.8 % year-on-year), while operating income was 34,596 million yen (up 51.6 % year-on year).

This is the fourth year in a row in which Capcom recorded record-high profits, and the eighth year in a row in which operating profit grew year-on-year.

Capcom

Growth was driven by the Digital Contents business, which focuses on video games and has been consistently successful in promoting profitable digital sales on top of seeing new releases like Monster Hunter Rise and Resident Evil 3. Sales of catalogue games like Monster Hunter World: Iceborne also grew, alongside revenue in markets outside of Japan.

We also get the prediction for the current fiscal year ending on March 31, 2022. Capcom expects 100,000 million yen in sales and operating income of 42,000 million yen. This is even higher than the results mentioned above, and would record five years of record profits and nine consecutive years of operating income growth.

Speaking of the Digital Contents business specifically, sales were 75,300 million yen (up 25.6% year-on-year) and operating income was 37,002 million yen (up 53.1% year-on-year), taking the lion’s share of the company’s yearly financial results.

Monster Hunter Rise shipped 4 million units during the past fiscal year (basically in its first week), while Resident Evil 3 reached 3.9 million shipments.

Devil May Cry 5 Special Edition “performed well” on next-gen platforms. Sales of Monster Hunter World: Iceborne and Resident Evil 2 also continued to grow.

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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