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Capcom releases Q1 financial results

Posted on July 30, 2009 by (@NE_Brian) in DS, News, Wii

Favorable Financial Results for the 1st Quarter ended June 30, 2009!

19.2% increase in Net Sales, 23.0% increase in Operating Income compared to previous term

– Marked the best net sales, operating income and ordinary income since quarterly release announcements began –

Capcom Co., Ltd. is pleased to announce that net sales increased to 19,497 million yen (up 19.2% from the same term last year), operating income increased to 3,664 million yen (up 23.0% from the same term last year) and ordinary income increased to 4,117 million yen (up 2.3% from the same term last year) in consolidated financial results for the 1st Quarter ended June 30, 2009.

Regarding Home Video Games business, “Resident Evil 5” released at the end of previous fiscal year continued to grow, and “Monster Hunter Freedom Unite” released in FY2007 also enjoyed prolonged steadfast sales to be shipped totally 3.5 million in Japan, which have contributed to a total performance. In addition to this, “Ace Attorney INVESTIGATIONS: Miles Edgeworth” and “Sengoku BASARA Battle Heroes” made a favorable showing in Japan.

As a result, we marked the best net sales, operating income and ordinary income since quarterly release announcements began.

Forecast for the fiscal year ending March 31, 2010 is not changed because of second half major title releases in the home video games business.

Home Video Game Department

a. In this business segment, “Ace Attorney INVESTIGATIONS: Miles Edgeworth” (for Nintendo DS), which was derived from Capcom’s popular software “Ace Attorney”, showed a favorable sales increase. “Resident Evil 5” (for PlayStation 3, Xbox 360), one of the most successful titles in the previous quarter, continued to grow, and “Monster Hunter Freedom Unite” (for PlayStation Portable) released in the last two quarters also enjoyed prolonged steadfast sales.

b. In addition “Sengoku BASARA Battle Heroes” (for PlayStation Portable), the latest addition of the series, made a favorable showing. The new software started the so-called “REKIJO” (Japanese term for female Japanese history “Otaku”.) boom in Japan and generated public interest in Japan’s “Warring States” (SENGOKU) era.

c. On the other hand, “Bionic Commando” (for PlayStation 3, Xbox 360), which was targeted to the overseas markets, underperformed its projected sales. “Monster Hunter Freedom Unite” (for PlayStation Portable) also performed weakly.

d. The resulting net sales increased to 14,148 million yen (up 36.0 % from the same term last year), and the operating income increased to 4,711 million yen (up 32.5 % from the same term last year).

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