Capcom sees drop in profit during first quarter but forecasts yet another year of financial growth
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Capcom published their consolidated financial results for the first quarter of the fiscal year ending March 2025. In the period from April 1 to June 30, 2024, the company saw net sales and profit drop substantially compared to the same period last year, but nonetheless expects growth at the yearly level (source: GameBiz). Capcom has seen financial growth for the past 11 consecutive years.
According to Capcom’s statement, net sales in Q1 were down by 32.5% and net profit was down by 45.1% compared to last year. While this may seem worrying, it has to do with Street Fighter 6’s massive launch in June last year, which carried the figures of the period. By comparison, this year’s first quarter was centered around porting past titles to modern platforms and boosting repeat sales of last year’s big runners, while the new releases are lined up for the fiscal year’s second half. The company reports that Street Fighter 6, Dragon’s Dogma 2 and the Monster Hunter series continue to perform as planned (the latter recently celebrated +100 million units).
For the fiscal year ending March 31, 2025, Capcom forecasts net sales to grow by 8.3% to 165 billion yen and net profit to grow by 6.1% to 46 billion yen.