In a recent announcement to shareholders, Capcom confirmed a revised earnings forecast, which is now higher than previously predicted. Dragon’s Dogma 2 and Street Fighter 6 are both credited as reasons for the revision.
The original earnings forecast was announced by Capcom on May 10, 2023. This original forecast predicted that Capcom would reach net sales of ¥140 billion within the financial year, for a net income of ¥40 billion. However, this has now been revised to ¥152.4 billion net sales for a net income of ¥43 billion. This is a significant increase from the previous financial year, where the company had made ¥125.9 billion in net sales for a net profit of ¥36.7 billion.
Capcom has stated that the revised earnings forecast is largely attributed to the success of Dragon’s Dogma 2 and Street Fighter 6. Capcom’s report cited “broad acclaim globally” for the latest Street Fighter while Dragon’s Dogma 2 has “performed favorably” in the fourth quarter. The company had previously announced that the game had sold 2.5 million copies. In addition, legacy titles have been doing well, with previously games in other major franchises continuing to sell well.
Capcom’s continued financial success had led to them announcing salary increases earlier this year. New hires will see salary increases of 30% while existing employees will also gain a 5% increase.
Dragon’s Dogma 2 is out now for PC, PS5 and Xbox Series X/S.
Published: Apr 25, 2024 06:00 pm