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 Posted: Wed May 24, 2006 4:15 am
Japanese publisher overcomes industry-wide slowdown to post increased sales and profits in year-end fiscal report.
By Brendan Sinclair, GameSpot
Posted May 23, 2006 12:37 pm PT
The transition phase to next-generation consoles is traditionally a period in which the industry slows to a crawl as gamers' interest in the current generation wanes. That's been true of the current transition, but while many publishers are posting disappointing numbers as a result of the slowdown, Capcom appears to have weathered the first leg of the changeover better than some of its peers.
Today the company released its year-end fiscal results, and it posted gains in both net sales and net income. For the 12-month period ended March 31, Capcom reported a profit of 6.9 billion yen ($62 million) off 70.3 billion yen ($632 million) in sales.
Capcom touted the worldwide success of Resident Evil 4 for the PlayStation 2 as a key part of its growth, and also noted the strong performance of Monster Hunter 2 for the PS2 and Monster Hunter Freedom for the PSP in its home territory of Japan as surpassing the company's expectations. "These titles are growing into the flagship products of Capcom," the company said in its report.
However, not everything the company tried this year met with success. Onimusha Dawn of Dreams (PS2), Without Warning (PS2, Xbox), and Beatdown (PS2, Xbox) were singled out as titles that struggled and/or underperformed. Another problem for the company was the slumping North American gaming scene. For the full year, Capcom's sales in North America declined more than 18 percent from the year before, with an operating income down 88 percent.
Looking ahead, Capcom plans to implement a number of changes to its management structure to better handle the increasingly competitive and costly game market. The company is also looking to install a performance-based incentive program for its staff, focus its efforts primarily on its core business of making games, and "strengthening and exploring" its multiplatform development strategy.
Capcom's annual report also confirmed that it had suspended operations at Maximo development house Capcom Studio 8. It also indicated that the company had dissolved Capcom Eurosoft, a subsidiary responsible for distributing games throughout Europe.
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I really hoped Onimusha Dawn of Dreams would've done better than it did. It seemed like a good game from what I'd seen of it. Too bad about their other development strings, though. neutral
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Posted: Wed May 24, 2006 1:07 pm
So, no more Maximo games...not a total lost.
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Posted: Fri May 26, 2006 11:41 pm
FFVIIFangirl So, no more Maximo games...not a total lost. Yeah, I agree. They wasted what could have been a good license with that, thanks to the way they made it.
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Posted: Sun May 28, 2006 1:42 pm
still, compaired to a few years ago, capcom is doing alot better for itself. i remember hearing a few rumors about them possibly getting bought out or going bankrupt because of low profits. if that happened it would be their own damn fault since they tend to get really really lazy when it comes to making sequels and ports.
not anymore, thank gaw. just look at devil may cry 3 and resident evil 4, and the upcoming street fighter alpha anthology... now if only they would releace the darkstalker anthology over here....
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Posted: Tue May 30, 2006 11:03 am
I know that Mega man is starting a new series called Mega man ZX for the DS. I don't know how that will do.
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Posted: Fri Jun 02, 2006 1:00 pm
They dont need to change management structure..!
They just need to make kick a** games!!!
And what about these???:
Megaman 9
Megaman X9
Dino Crisis 4
Marvel Vs Capcom 3
Street Fighter Alpha 4
Street Fighter 3: 4th Strike
Viewtiful Joe 3
Capcom Fighting Evolution 2
Capcom Vs SNK 3
Capcom Vs Sammy
Captain Commando 2
Strider 3
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Posted: Fri Jun 02, 2006 9:03 pm
I agree. They should really finish the series that they are doing now. I want to see Dr Light's progress on X in the origanal series. I want to see Zero be unleased. I want to see if Battle network is connected to the main series?
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Posted: Thu Aug 17, 2006 5:26 pm
Should I put this in action?
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Posted: Fri Aug 18, 2006 12:44 am
Nah. Truthfully speaking, we need a few more GameSpot related articles, like thi one, on the main page. 3nodding I might also go looking into getting some new mods as well, seeing as how the other mods are pretty lax around here. neutral
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Posted: Fri Aug 18, 2006 12:21 pm
I see. Thanks for telling me. I was trying to move old topics into areas that the topic would fit.
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Paine_Lovely128 Vice Captain
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Posted: Fri Aug 18, 2006 12:38 pm
3DJr. Final Crusade They dont need to change management structure..! They just need to make kick a** games!!! And what about these???: Megaman 9 Megaman X9 Dino Crisis 4 Marvel Vs Capcom 3 Street Fighter Alpha 4 Street Fighter 3: 4th Strike Viewtiful Joe 3 Capcom Fighting Evolution 2 Capcom Vs SNK 3 Capcom Vs Sammy Captain Commando 2 Strider 3 True, I agree, most of them games they made are really good. Its not a complete lost of losing Maximum...
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Posted: Thu Aug 24, 2006 8:54 am
3DJr. Final Crusade They dont need to change management structure..! They just need to make kick a** games!!! And what about these???: Megaman 9 Megaman X9 Dino Crisis 4 Marvel Vs Capcom 3 Street Fighter Alpha 4 Street Fighter 3: 4th Strike Viewtiful Joe 3 Capcom Fighting Evolution 2 Capcom Vs SNK 3 Capcom Vs Sammy Captain Commando 2 Strider 3 I hate to burst your bubble about some games, but lets start with Marvel Vs. Capcom. Capcom has no longer the rights to make Marvel fighting games since the license to make Marvel games belongs to EA(I know it sucks). Capcom Vs. SNK 3 SNK has recently announced that they are no longer gonna be involved with going up against other companies who makes fighting game, which includes Capcom. And the Street Fighter games since the creator of Street Fighter has left Capcom to create his own gaming business I highly doubt that we'll see a new Street Fighter coming out anytime in the near future, unless of course he has a trained apprentice working a Capcom.
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