News Article

Capcom Confirms 37.3% Drop in Profits in Second Quarter of 2013

Posted by Andy Green

Lack of new releases sees profits tumble

Capcom has confirmed its profits took a big hit in the second quarter of 2013, largely down to the low amount of new releases.

The company recorded net sales of 17.4 billion yen for the three months to 30th June ($178.7 million/ £117.5 million/ €134.2 million), down 6.2 percent compared to the second quarter of 2012.

Profits hit 828 million yen ($8.4 million/ £5.5 million/ €6.3 million), which was a 37.3 percent slide, compared to the same period last year. However, this was expected as Capcom did not launch any major new titles. As a result, the company has kept forecasts unchanged for the financial year.

The firm's games sector performed particularly poorly, with sales down 9.4 percent across the board, which contributed to the 82.4 percent drop in operating profits.

Phoenix Wright: Ace Attorney - Dual Destinies has recently been released in Japan and will surely help the company improve in the third quarter after it stormed to the top of the charts last week. Monster Hunter 4 will also emerge in September in Japan on the 3DS, while Lost Planet 3 and DuckTales: Remastered are due for worldwide release in August.

Capcom will hope these titles give its third quarter earnings a timely boost.

[via capcom.co.jp, gamesindustry.biz]

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User Comments (61)

Guitardude7

#4

Guitardude7 said:

Hey Capcom! I know the solution to all of your problems! -whispers- New Mega Man games

Tylr

#5

Tylr said:

Yeah Capcom, good call for releasing those 25th statues and not making a new game. I'm sure that will help make a good profit! (Major sarcasm)

I hardly think that this will tell Capcom what we want, as they are deaf in both ears...

BrightBeing

#6

BrightBeing said:

Don't worry Capcom, you already have my money for Ace Attorney and Duck Tales. But if you want more than that, you'll have to start making games people actually want again. Like a Resident Evil that isn't an action movie dressed up as a video game... or God forbid... anything with Mega Man in the title.

Yasume

#7

Yasume said:

Remake Resident Evil 2 and 3, make a new a Mega Man and continue to work on more Ace Attorney games and you'll be fine capcom.

theblackdragonAdmin

#8

theblackdragon said:

hey, we told 'em what we want and they don't want to listen. maybe they'll get the hint eventually... or not? :/

Tylr

#11

Tylr said:

@BrightBeing
I'm actually half hoping they do...at this point, I am being serious when I say anyone can/is use(ing) half of Capcom's IPs better then Capcom.

Mattiator

#14

Mattiator said:

And this is what you get for not giving us E.X. Troopers overseas. Nothing like another solid 3DS title to bolster the quarter.

Emblem

#15

Emblem said:

Capcom have been on a downward spiral for 10+ years so its no surprise. They still have some great devs and some great IPS but they are too concerned with making a quick buck and trying to make the next big hit. As such their creativity has all but dried up and thats the sad thing.

sinalefa

#17

sinalefa said:

Forget it, Capcom. I am not getting yet another Street Fighter IV version. Specially after the Wii U was skipped.

Ducktales will do.

Dynetheous

#18

Dynetheous said:

Maybe if you brought us monster hunter more often capcom, you wouldnt be having financial issues.

LexKitteh

#19

LexKitteh said:

Maybe if they brought more games to the West (Much larger customer base than Japan alone), or actually made a new Megaman game, they wouldn't be having this problem..

Bass_X0

#20

Bass_X0 said:

Ultra SFIV is a $15 download with five new characters, six new stages and a large number of rebalancing changes.

Dpullam

#21

Dpullam said:

Big surprise. No new games = a low amount of profit. That will certainly turn around once Monster Hunter 4 is released. I'm eager to try that game myself because it is shaping up to be pretty darn epic.

Azikira

#22

Azikira said:

How about you ANNOUNCE a new Mega Man game. Then your stocks will double overnight!!

-should be the CEO of Capcom for that ingenious insight-

gameboy1975

#24

gameboy1975 said:

Well to be fair, it really shouldn't be much news to Nintendo fans as they (Capcom) have not given them much for quite a few years to begin with. Hopefully it won't somehow be made their fault, but I wouldn't be surprised if they said that it was ha ha.

WaveyChristmas

#25

WaveyChristmas said:

Mega Man 11 and Ghosts 'n Goblins 3D, pwetty pwease? Ah, who am i kidding...
Capcom, these days have sold out to the western gaming crowd all for the mighty dollar.

SparkOfSpirit

#26

SparkOfSpirit said:

@kenshinrurouni I wish. It would have been way better than Mega Man 10.

If Capcom doesn't announce a new Mega Man game to coincide with his Smash Bros. appearance then they're crazy.

MagicEmperor

#27

MagicEmperor said:

I'd jump in the "Capcom is evil incarnate" bandwagon if I could, but I'll be damned if I pass on Ace Attorney 5 and DuckTales! Yes, I wish they'd stop treating Mega Man like crap, and I'd like them to make a new Ghosts 'n Goblins. But... it's AA5 and DuckTales, man. I'm in.

Beta

#28

Beta said:

You already had my money for MH3U and will be getting for DuckTales and Ace Attorney 5. Want more? Megaman, please! (Especially a Battle Network one!)

unrandomsam

#29

unrandomsam said:

Profits hit 828 million yen ($8.4 million/ £5.5 million/ €6.3 million)

That is not a heavy loss it is a profit.

Could be that their strategy of nickel and diming everything and stupid DLC is starting to affect customers.

unrandomsam

#30

unrandomsam said:

If they had put some effort to the 3DS released Megaman games I might have bought some. (i.e 3D Classic with the Megadrive sprites and all the flicker removed).
They released another broken Super Ghouls and Ghosts release (When they fixed it for PS1 PS2 Saturn).
What do they expect ? No effort = no money from me.

Probably take the Arcade version of Ghoul's and Ghosts / Ultimate Ghost's and Goblins at any cost.

Ducktales I will leave. (NES version is pretty much perfect one of the few NES games that I don't think need changing at all).

Obito_Tennyson

#33

Obito_Tennyson said:

Why can't anyone ever make SNES games on the 3DS Virtual Console? Is there some rule that Nintendo made on the top of the Virtual Console rule book saying, "You make SNES games on the 3DS, you die."

I want Mega Man 7, Mega Man X, Mega Man X2, and Mega Man X3 on my 3DS within a year.

Also, they made a three-game series for the DS and I played all the of them. Well... I never finished the third one, but I still like it. Why can't they release three more games for the 3DS and start a new Mega Man story line? One in 2014, another in 2016, and the finale in 2017. By the time, there should be a handheld waiting for us.

KnightRider666

#34

KnightRider666 said:

Well there's a BIG surprise. When a company pisses their customers off, what do they expect??? MEGA MAN! Are you listening this time Capcom???

Cyberbotv2

#35

Cyberbotv2 said:

The hell with Megaman. Drop that Resident Evil 2 remake on the Wii U, then drop all the previous entries on the eshop, then bring Resident Evil 7. That's what I want.

Absol07

#37

Absol07 said:

So new megaman, new resident evil horror oriented game and like HD in wii u and 3ds could help

TwilightV

#38

TwilightV said:

I said they're dead to me. If this doesn't get the message across to them, then i'll gladly dance on their grave.

Macarony64

#41

Macarony64 said:

Why Tue people in the camments are saying that capcom is doom? They are just not making has much has last year. This is like saying that the Nintendo is doom even with all The billions they have.

Giygas_95

#42

Giygas_95 said:

Just make a blasted Mega Man game, Capcom! While you're at it, make Dark Void Zero 2.

Knuckles

#43

Knuckles said:

@Fast_45er Do you mean the PS3 one, or the DSi one? Because the DSi one was a cancelled NES game, they hunted down the only prototype cart left, then ported the levels over.

Relias

#44

Relias said:

Dear Capcom.. I want my damn Dungeons and Dragons now please.. oh and Magic Sword.. and I guess.. a Mega Man for everyone else.. and for the love of God make a Final Fight Trilogy... available on the E-Shop.. and take my money.. no really take it...

MAN1AC

#45

MAN1AC said:

A lot of Japanese companies seem to be struggling lately.
I love Capcom but they deserve it. Waaaaaay too many loved IPs for them to be operating the way they are.

Giygas_95

#46

Giygas_95 said:

@Knuckles The Dsi one. I know it was originally a canceled game, but I don't see why they can't turn it into another 8-bit franchise and make more of them, honestly. I love that game even though it's kinda short.

I heard the PS3 one bombed, but I'd like to try it anyway. Last time I checked, there was no demo for it though. :(

Caryslan

#47

Caryslan said:

@kenshinrurouni I would love a Mega Man X9 as long as the game takes place during the elf wars. I really don't want another rehash plot with Sigma, and X8 pretty much implies that he was totally defeated in that game.

A Mega Man X game that takes place during the elf wars and bridges the X and Zero series. I would love to see that.

Giygas_95

#48

Giygas_95 said:

@Caryslan Sounds good to me. They should make it 16 bit like how they made Mega Man 9 and 10 to be 8-bit. Were X7 and X8 any good? I watched some gameplay, and they kind of looked generic and somewhat mediocre.

EvisceratorX

#49

EvisceratorX said:

At this point, I almost want them to go under so all their good IPs will be auctioned off to devs who actually want to move them forward. Honestly, how many more times are they going to rerelease SFIV?!

Caryslan

#50

Caryslan said:

Capcom is the oddest company I have ever seen in my life. One day they are making the community upset with things like money-grubbing DLC, refusal to pay any respect to Mega Man, and the fact that every Fighting game they make seems to have ten versions behind it.

But on another day, the remind us why they were once a beloved company. They are remaking Duck Tails, manage to open their back log and give us almost all their Marvel games along with other cool games, are doing new entries in older series like Strider, and are still putting our solid games like Dragon's Dogma, Monster Hunter, and Ace Attorney.

This is what makes Capcom such a frustrating company. On one hand, you despise them for what they have done to Mega Man, Resident Evil, how they rehash Street Fighter, and have of the worst DLC polices in the industry overall.

But on the other hand, the come up with some cool ideas for games, seem to be one of the companies that brings back out the cool retro games, and keep series like Strider and Bionic Commando going.

I just wish Capcom would get their act together. It would be easier to outright boycott them if they were like EA. But they are the worst company in the world when it comes to being like Jackall and Hyde. One day they are getting their fanbase up in arms and the next, they are putting out something cool like a Ducktails Remake that reminds us of why we loved Capcom.

Really, I wish the old Capcom would come back.

Caryslan

#51

Caryslan said:

@Fast_45er I never played X8 myself, but every Mega Man X game after 4 pretty much sucks. X5 had some cool ideas, and it's a pretty fun game but the level design of the game sucks and it feels like a step back from X4. X6 is a trainwreck from start to finish with poorly thought out level design, cheap gimmicks and gameplay mechanics that don't work, and a horrible storyline that makes little to no sense.

X7 is kinda better, but it still sucks. You don't even get to use X from the start in that game?

As I said before, I never played X8 but I heard it was better than X6 and X7. But the X series really fell apart after X4, which is a real shame when you compare the series to the Classic games.

While Mega Man 6 had its issues, it was still a pretty fun solid game. Same goes for Mega Man 7 and 8. The X series just fell apart.

WinterWarm

#53

WinterWarm said:

BWHAHAHAHA!

Awesome news!

I hope Capcom realizes how stupid and idiotic they are now.

No one wants a stupid $100.00 statue. Give us New Mega Man. Do it now.

I hope Capcom continues to lose money, I hope the first thought that goes through their heads as they keep losing money is how avoidable it all was. You're an idiot, Capcom. I hope you crash and burn until you make a Mega Man game. :)

Giygas_95

#54

Giygas_95 said:

@Caryslan I heard about how you can't use X from the start of one of those games. Doesn't really make sense. It's MEGA MAN X.

It's a shame the series went to pieces after 4. I really hope X2 and 3 get a VC release soon though. I was just listening to Zero's theme from X3, and that along with the X3 intro stage's music is some of the best Mega Man music I've heard. Also really looking forward to Mega Man Xtreme and Xtreme 2 on 3DS VC. :)

Marshi

#55

Marshi said:

Capcom used to have a team make games for them that produce hit after hit. But then that team left,now it produces hit after hit without capcom making a penny (hence the lack of profit).
They used to be called clover,but now we all know them as platinum games...

I think "nuff said"is a term rarely used and rarely more apt than it is now

MAN1AC

#56

MAN1AC said:

So I literally just found out that they'll be releasing Breath of Fire VI on smartphone and tablets.

This company can bun in hell.

AJWolfTill

#61

AJWolfTill said:

Guys Mega Man is not happening, in the article about the reasons Legends 3 was cancelled the rep confirmed the franchise is dead.
Capcom will be fine once monster hunter 4 releases in Japan.

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