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Capcom's heaviest hitters -- Resident Evil 5, Street Fighter IV and Bionic Commando are just about to release. But that means there's little to profit from in the publisher's third quarter, and so its just-released financial results were weak.
In the three months ending December 31st, Capcom's profits dropped 95 percent to ¥179 million ($1.99m), while net sales were down 8.6 percent to ¥47.22 billion ($526.5m).
Aside from the lack of new releases, Capcom says the global economy and the shrinking Japanese market also played a role in its current weakness. The yen is still quite strong against global currencies, an issue that impacted Nintendo as well, and Capcom has the added burden of a continually challenged arcade business.............
More detail in here:
Gamasutra - Capcom Profits Fall 95 Percent As New Releases Loom
In the three months ending December 31st, Capcom's profits dropped 95 percent to ¥179 million ($1.99m), while net sales were down 8.6 percent to ¥47.22 billion ($526.5m).
Aside from the lack of new releases, Capcom says the global economy and the shrinking Japanese market also played a role in its current weakness. The yen is still quite strong against global currencies, an issue that impacted Nintendo as well, and Capcom has the added burden of a continually challenged arcade business.............
More detail in here:
Gamasutra - Capcom Profits Fall 95 Percent As New Releases Loom
