Recently, we reported that Bandai Namco increased the monthly earnings for its Japanese staff, and now Capcom will be following suit by raising the base salary of its Japanese staff by 30%.
As reported by VGC, the move will take effect from the 2022 fiscal year (so, now) and will also come with a new bonus scheme that's more closely tied to the company's business performance. The move comes ahead of an expected fifth consecutive year of record profits for the company and a ninth consecutive year of operating income growth, which Capcom will report as part of its 2021 fiscal year results in May.
Capcom has also reorganised its HR division in conjunction with the salary increase, with a view to increase the company's training systems and grows its employee performance review structure. It is also facilitating an improved system to allow better communication between management and employees after the appointment of a new chief HR officer.
What does this all mean in terms of games, you ask? Well, the obvious theory is that we're likely to see continued support and growth for Capcom's core franchises, including Monster Hunter, Resident Evil, and Street Fighter. In fact, Capcom recently announced Street Fighter 6, and its major expansion for Monster Hunter Rise - titled Sunbreak - is due for release on June 30th.
How about new Mega Man game though, Capcom?
[source videogameschronicle.com]
Comments 21
good for them now if only the rest of us could get this kind of pay rise!
Sickest April Fools ever
All companies need to do this.
@PessitheMystic '...did we say increase? We meant decrease. Also, half of you are fired, the other half needs to work double time. You know, with the pandemic and the war and all that, times are tough on all of us, but at least we can still take a joke.'
That's a pretty decent increase. My last rise was a paltry 3%.
@OorWullie And by how much did your cost of living increase? A 3% increase IS a decrease in disguise in their 'economy'.
Electricity is rubbish, I have decided to unplug my tv and games consoles, and am going to read instead xx
It's amazing to see how Capcom evolved from the darkest ages in the early from 2007-2012 or so to being imo one of the best studios in the world now, even with one of the best graphical engines.
The people responsible for this turn over need to be studied by everyone interested in entertainment business management.
Monster Hunter teams certainly deserve it along with the other teams I'm sure
Has Capcom released any new IP, in recent years?
This is happening all over Japan.
It has a lot to do with both an increase in economic dominance of Japan in general as well as increases in costs for sararīman who trivial to work from remote locations (TL:DR - Trains are not running as often after hours and getting a overnight "pod" is more expensive).
It's hitting video game development more then most given everyone is hiring and positions are going unfilled for months. It's basically a bidding war.
https://soranews24.com/2022/03/01/bandai-is-raising-all-full-time-employees-salaries-by-roughly-30-percent/
https://soranews24.com/2022/02/20/sake-brand-dassai-increases-workers-starting-pay-by-over-40-percent-pledges-to-double-salaries/
Announcing this on 1 April is a cool move that Cap means no fooling around!
"Capcom increases salaries..."
BWAH! HA! HA! HA!
Good one, pal!
That's funny!
Meanwhile I've never had a pay rise at all in 26 years of working yet Employers are quite happy for me to work the BLEEPIEST hours imaginable👍
That’s good. Wages are severely outpaced by cost of living inflation. I wish more US companies would follow suit.
A Monster ( . . . . . . ) Rise in salaries.
(it's easter time, you know - Ok I'm letting myself out)
They have all that disposable cash and they refuse to issue Resident Evil collections complete on cartridge?
Explain.
@outsider83 Exoprimal is a new IP, despite some clear similarities to one of Capcom's more dormant franchises.
@Olliemar28 I'm still not convinced that Capcom aren't pulling a Phantom Pain with that one, and it's going to turn out that this is the Multiplayer Component to a new Dino-Crisis or Dino Crisis Remake similar to how they did RE3MAKE and that RE Mastermind game.
Sony made them do it because they've acquired them .... JK
@PessitheMystic LOL
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