Resident Evil and DMC Help Capcom Profits Rise 33%
Japanese developer Capcom has revealed its financial results for fiscal year 2008, which ended on March 31, 2008. Things are looking good for the Resident Evil developer, as they reportedly had a 33.4% increase in profits to JPY 7.8 billion, with sales up 11.5% to JPY 83 billion, according to GI.biz.
Resident Evil 4, Umbrella Chronicles and Devil May Cry 4 can all be attributed with the strong success of the company overall. Operating income on home videogame units rose 44.1%, which was important, as not everything performed nearly as well.
Capcom’s arcade operations didn’t fair nearly as well as the home videogame scene, with a 62.5% drop in operating income, while the Arcade Game Sales division saw its operating income drop 13.7%.
“There were several factors that negatively affected performance: the dissemination of home video game machines, intensified competition, declining popularity of card dispensing games for children, and the decrease of visitors to those arcades located in suburban shopping malls due to rising gasoline/petrol prices,” said the company.
On the bright side, the upcoming financial year for the company is expected to yield record results, so Capcom has to be pleased with where they stand.
image via Resident Evil Unlimited