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View Full Version : Capcom riding high on record sales and increasing share value



RukBot
05-10-2023, 07:30 AM
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Sixth consecutive year of growth for veteran developerCapcom has released its latest financial earnings report (https://www.capcom.co.jp/ir/english/data/pdf/explanation/2022/full/explanation_2022_full_02.pdf), which records the sixth consecutive year of profit growth for the Resident Evil and Street Fighter publisher ? The publishing of the new report has also affected the company's share value, which spiked to an all-time high earlier this morning.
According to the numbers, Capcom sold 41.7 million games for the period ending March 31, 2023. This number not only represents a 10 million sales boost from the previous year, but is also the largest year-on-year sales growth in the company's entire history. The boost in sales is attributed to two titles in particular: survival horror remake Resident Evil 4 (https://www.destructoid.com/reviews/review-resident-evil-4-2023/) and the epic fantasy adventure Monster Hunter Rise: Sunbreak. (https://www.destructoid.com/monster-hunter-rise-sunbreak-five-million-sales-dlc-expansion-capcom/)
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These impressive sales figures also include the continued success of the Capcom catalog, with titles such as Devil May Cry 5, Resident Evil Village, Resident Evil 2 & 3, Monster Hunter World, and The Great Ace Attorney Chronicles. Capcom already has several more titles on deck for the remainder of 2023, including dino-hunter Exoprimal and handheld remaster Ghost Trick: Phantom Detective. Capcom's biggest upcoming release, however, is inarguably Street Fighter 6 (https://www.destructoid.com/street-fighter-6-preview-hands-on-impressions-combo-trials-arcade-mode/), which launches on PC and console platforms June 2. The publisher has already set a target of 10 million sales (https://www.destructoid.com/capcom-aims-to-hit-10-million-sales-with-street-fighter-6/) for the new sequel.
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The Capcom success story can be traced back to the launch of Monster Hunter: World (https://www.destructoid.com/monster-hunter-world-is-the-best-selling-capcom-game-of-all-time/#:~:text=Capcom%20have%20proudly%20announced%20tha t,in%20the%20developer%2Fpublisher's%20history.) back in the winter of 2017. Following a period of decline that saw disappointing launches for Street Fighter V and Marvel vs. Capcom: Infinite, Monster Hunter: World would not only go on to be the publisher's best-selling release of all time, but would kick off a series of hugely successful releases for Capcom, resulting in the most lucrative period in the company's 40-year history, as defined in today's report.
The post Capcom riding high on record sales and increasing share value (https://www.destructoid.com/capcom-record-sales-share-value-resident-evil-street-fighter/) appeared first on Destructoid (https://www.destructoid.com).


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