Capcom Reports $113M Net Income for FY 2018, ‘Redoubles’ Esports Efforts
June 10, 2019- Capcom reported net income of ¥12.55B ($113M USD) for the fiscal year ending March 31, 2019, an increase of 14.8% compared to FY 2017.
- The company said it is “redoubling its commitment” to esports which includes the expansion of Street Fighter League to the U.S.
- Capcom attributed much of the year’s financial success to Monster Hunter World, Resident Evil 2, and Devil May Cry 5.
Game publisher Capcom’s net income for the fiscal year ending March 31, 2019, was ¥12.55B ($113M USD), exceeding its forecast by 4.58% and growing 14.8% compared to FY 2017.
The company’s core Digital Contents business, which publishes videogames, brought in net sales of ¥82.98B ($750M) which accounts for 82.96% of the company’s total net sales of ¥100B ($909M), citing Resident Evil 2 as a major driver of revenue during the fiscal year. This was an increase of 11.9% YoY while the operating income of the segment grew 22% YoY to ¥23.32B ($212M).
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Categorized in: Esports News