Capcom has announced its seventh consecutive year of profits for the financial year ending March 31, 2024. The announcement on Thursday, May 9, 2024, shows that the company’s profit was driven by new releases including Street Fighter, Resident Evil, and Dragon’s Dogma franchises.
The result also means that for the past eleven years, Capcom has consistently recorded growth in its operating income. In the last fiscal year, the publisher recorded net sales of 152,410 million yen (approx. $977 million) and operating income of 57,081 million yen (approx. $366 million) which were the highest in the company’s history.
“In the fiscal year ended March 31, 2024, Capcom Co., Ltd. actively pursued investments for growth focused on the ongoing enhancement of digital sales in order to evolve further and expand within the global market,” the company said.
“In addition, the Company worked to increase earnings through efficient operation of amusement arcades and the promotion of store openings in new store formats in Arcade Operations, as well as through the introduction of smart pachislo machines and catalog sales leveraging the Group’s popular IPs in Amusement Equipment.”
In the company’s outlook for the current fiscal year, it mentioned that it will “take maximum advantage of its Single Content Multiple 6 Usage strategy on a global scale, working to expand penetration of the Company’s IPs globally via activities such as promoting movie and television adaptations of content and cross-industry collaborations”.
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In other words, in the coming years, we may see more movies based on Capcom’s IP. Hopefully, the publisher will explore the possibility of adapting other of its IPs into movies rather than giving fans more resident evil movies.
Resident Evil 4 was Capcom’s highest-grossing game last fiscal year
From the earnings report, we saw that Dragon’s Dogma 2 had sold over 2.6 million units as of March 31, 2024. However, the game that shone the brightest for Capcom was Resident Evil 4 which sold 3.39 million units, pushing its lifetime sales to 7,026 units. Second on the log was Street Fighter 6 which sold 3.3 million units.
Before the release of Street Fighter 6 back in June 2023, Capcom’s president said the target was to sell 10 million units of the game. The current record is held by Street Fighter 5 which has sold 7.4 million. The new report shows that Street Fighter 6 is way behind the company’s target, nearly a year after its release.
Monster Hunter: World currently holds the record as Capcom’s best-selling game in history with a lifetime sale of 25.3 million units. The number also includes the sales of Monster Hunter World: Iceborne Master Edition.
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At least 15 of Capcom’s titles sold over 1 million units in the last fiscal year which is a huge bump compared to last year when that number was just 9. Also, the publisher reported that the Monster Hunter series has crossed the 100 million units cumulative sales mark.
Talking about movie adaptations, what Capcom IP would you like to see adapted into a movie? Share your thoughts in the comment box below.
