Capcom’s sales up, net income down for 2007

Capcom's sales up, net income down for 2007 - Image 1 

Thanks much to their zombie shooter Dead Rising, top performer Lost Planet: Extreme Condition, and PSP phenomenon MonsterHunter Freedom 2nd, Capcom‘s fiscal year (FY) for 2007 saw a boost in operating income, nearing almost 46% in increase at 9.6 billion Yen (US$ 792.86 million).

This was following a 6.1% increase in sales, amounting to 74.5 billion Yen (US$ 615.29 million), as reported by an unaudited financial report filed by Capcom for the fiscal year ending March 31, 2007. But the company suffered a net income decrease, attributing it to a review of tax valuation reserve for deferred assets.

Having formerly announced their plans to expand to the West, Capcom insisted that the company’s move is right on track, after noting millions of units sold for each of their three titles – two for the Xbox 360 and one for the PSP. Lost Planet is being ported over to the PC and should be available soon in glorious DirectX 10 glory.

DS title Mega Man Star Force and three PS2 titles – Devil Kings 2, Grand Theft Auto: San Andreas, and Okami – have also performed well last year, while Capcom noted an unsatisfactory performance of their arcade operations. Their arcade division may have garnered a 12.8% increase in sales of 13 billion Yen (US$ 107.37 million), but suffered a 17.6% loss of 2 billion Yen (US$ 16.52 million) in operating income.

Thanks to GamesIndustry.biz for the additional information.

Capcom's sales up, net income down for 2007 - Image 1 

Thanks much to their zombie shooter Dead Rising, top performer Lost Planet: Extreme Condition, and PSP phenomenon MonsterHunter Freedom 2nd, Capcom‘s fiscal year (FY) for 2007 saw a boost in operating income, nearing almost 46% in increase at 9.6 billion Yen (US$ 792.86 million).

This was following a 6.1% increase in sales, amounting to 74.5 billion Yen (US$ 615.29 million), as reported by an unaudited financial report filed by Capcom for the fiscal year ending March 31, 2007. But the company suffered a net income decrease, attributing it to a review of tax valuation reserve for deferred assets.

Having formerly announced their plans to expand to the West, Capcom insisted that the company’s move is right on track, after noting millions of units sold for each of their three titles – two for the Xbox 360 and one for the PSP. Lost Planet is being ported over to the PC and should be available soon in glorious DirectX 10 glory.

DS title Mega Man Star Force and three PS2 titles – Devil Kings 2, Grand Theft Auto: San Andreas, and Okami – have also performed well last year, while Capcom noted an unsatisfactory performance of their arcade operations. Their arcade division may have garnered a 12.8% increase in sales of 13 billion Yen (US$ 107.37 million), but suffered a 17.6% loss of 2 billion Yen (US$ 16.52 million) in operating income.

Thanks to GamesIndustry.biz for the additional information.

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