Capcom profits tank 90%

Lost Planet 2 and other console games fail to do the business for publisher

Capcom's profits for the June quarter were down a massive 90 per cent, from ¥2.2 billion ($25.3 million) to ¥213 million ($2.4 million), due to poor console games sales including those of Lost Planet 2.

The company also blamed the appreciation of the yen and stagnating US and European markets, along with "sluggish" sales of Monster Hunter Tri for the Wii and Ghost Trick for DS.

Net sales were ¥19 billion ($218.9 million) with operating profits of ¥1 billion ($11.5 million) – down 72.6 per cent. Monster Hunter Online for PC and Xbox 360 and Super Street Fighter IV showed steady growth, said Capcom.

The publisher has seen modest success in the mobile market, with Resident Evil 4 iPad Edition and Street Fighter IV and Phoenix Wright: Ace Attorney for the iPhone and iPod Touch. With few new arcade machines, sales in that market were also slow.

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Latest comments (7)

Spencer Marshman News Editor, Retro Fusion Magazine8 years ago
The trouble with Capcom is that they are suffering from the very same problem that’s affecting most Japanese developers. They just don't have much understanding of western tastes when it comes to games. A shame really as I love Capcom but for every great game like Super Street Fighter IV and Megaman 9, there seems to be some sort of “balance” with diabolical titles such Dark Void and Lost Planet 2.

Even with their recent failed attempts to collaborate with a western developer they are still trying too hard to make very western like games which in my opinion has always been them at their very weakest. Capcom are always at their most prolific when they are given the creative freedom to do whatever they want. Their fan base is strong but it will always be hard for them to compete when ‘Joe Public’ over here just wants the next Call of Duty game and nothing more.
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Haven Tso Web-based Game Reviewer 8 years ago
I am surprised to hear that Monster Hunter Tri didn't sell well because I think it is a great game. And with so much marketing push from Nintendo I thought at least there will be some decent sales. Monster Hunter series has never been big in the west but Tri is a real good game and veyr approachable as compared to the previous entries. It is a real surprise for me.
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Jim Webb Executive Editor/Community Director, E-mpire Ltd. Co.8 years ago
The report I received said it was Lost Planet 2 that underperformed.

Lost Planet 2 across both PS3 and X360 sold 1.5 million (global release).
Monster Hunter Tri on Wii sold 690k (western release only) and has 1.8 million total.

They projected 2.2 million for LP 2 and I believe 2 million for MHTri with just 500k from the west (not totally positive on the MHTri projections).
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Kingman Cheng Illustrator and Animator 8 years ago
I've been meaning to get Monster Hunter Tri but instead I've bought one or two things off Steam.
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Terence Gage Freelance writer 8 years ago
I agree with Spencer's comments; I like Capcom best when they're not pandering to western tastes, but they seem less and less intent on producing games like Okami, Viewtiful Joe or Maximo, and more interested in third-person shooters or the like.

If they're in need of some extra cash, they could always give Monster Hunter an HD port to PS360 - I'm sure they'd sell plenty of copies doing this.
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Haven Tso Web-based Game Reviewer 8 years ago
Well the thing is with Okami and Viewtiful Joe, they are great games but they didn't sell well either in the west. Just like Monster Hunter Tri. What seems to sell well in the west a lot of times are shooters, third or first and it is understandable that Capcom tries to capture that market. The positive experience of Umbrella Chronicles and Resident Evil 4 had kind of confirmed that for them in the past. But then there are lots of examples for good games not selling, and in its recent case Monster Hunter Tri. So the market is quite unpredictable.

One thing we have to remember though, cos last year they had Resident Evil 5 which was a huge seller, and this year they don't have any yet. So it is not surprised that the profit tanked. If they have something like a Resident Evil 2 remake or Code Veronica X remake like that of the Cube Resident Evil remake, they probably will have huge money coming in.
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Jim Webb Executive Editor/Community Director, E-mpire Ltd. Co.8 years ago
Haven, MHTri did sell well. It's the best selling exclusive console game from Capcom this generation.
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