DoDonPachi developer CAVE’s latest financial report hints at new games
Japanese game developer CAVE, best known for their bullet hell shooters, has spent 70.7% more money on research and development this past fiscal year (ending May 2024), suggesting that they could be cooking up new games and accompanying content. In total, they spent 209 million Japanese yen (roughly $1.42 million USD) this fiscal year, up from the 122 million Japanese yen ($831,626 USD) in the previous fiscal year (Source: Gamebiz).
Known internationally for their highly successful bullet hell shooter franchises such as DoDonPachi, Deathsmiles, and Mushihimesama, CAVE recently saw a massive 527% yearly profit increase in its video game sector thanks to ventures such as the 2023 mobile game Tohou Gensou Eclipse and the acquisition of Monster Strike developer Deluxe Games in 2022. Eager to capitalize on this success, it seems highly likely that CAVE will be making more sequels to its established franchises and working on new IPs.
While CAVE’s video game sector profited in the last fiscal year, the company’s net profit declined by 44.1% due to the underperformance of other sectors. Hopefully whatever CAVE has planned will put them back on the map and help make up for past losses.
