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News - Capcom sees improved profits from sales of Monster Hunter: World

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Capcom sees improved profits from sales of Monster Hunter: World

<div style="margin: 5px 5% 10px 5%;"><img src="http://www.sickgaming.net/blog/wp-content/uploads/2018/05/capcom-sees-improved-profits-from-sales-of-monster-hunter-world.jpg" width="200" height="200" title="" alt="" /></div><div><p>Capcom published its <a href="http://www.capcom.co.jp/ir/english/news/html/e180508b.html">latest financial results earlier today</a>, detailing financial performance for the year ended March 31 2018.</p>
<p>For the period spanning April 1 2017 to March 31, 2018 net sales were reported as ¥94.5 billion (~$867.5 million), up 8.4 percent compared to the previous fiscal year.</p>
<p>The Japanese publisher called out its digital contents business as the key driver of this growth, citing <em>Monster Hunter: World</em> as a record-setting success that’s become the best-selling title in company history.</p>
<p>Net sales from Capcom’s digital contents business came to ¥74.2 billion (~$681.1 million), up 26.3 percent year-over-year from ¥58.7 billion (~$538.8 million). Operating income was listed at ¥19.1 billion yen, up 72.2 percent from the previous fiscal year. </p>
<p>The strong sales of <em>Monster Hunter: World</em> and other titles published by Capcom helped offset the “worsened conditions” of the company’s amusement equipments business, which saw net sales drop by 53.7 percent to ¥7.8 billion (~$71.6 million).</p>
<p>As for the upcoming year, Capcom plans to continue growing its digital contents business by pushing for more download sales and increasing the number of major releases in the medium-term. The publisher also mentioned making esports a “priority area of investment”. </p>
<p>Capcom is estimating increased sales and profits for the next fiscal year, aiming to reach March 2019 with net sales of ¥96 billion (~$881.2 million) and operating income of ¥17 billion (~$156 million).</p>
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