Capcom Reports Significant Drop in Q1 Sales but Exceeds Internal Targets
Despite a 44% decline in game sales, Capcom's diversified business segments and back catalog performance keep the company on track for its annual forecast.
- Net sales fell by 32.5% year-over-year to $192 million, with operating income down 46.4%.
- Digital content sales were dominated by older titles, with new releases planned for the second half of the fiscal year.
- Arcade Operations and Amusement Equipment segments saw substantial growth, mitigating overall declines.
- Monster Hunter franchise continues to perform strongly, surpassing 100 million copies sold globally.
- Capcom projects an 8.3% growth in net sales for the fiscal year ending March 2025.