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Capcom Annual Report: Sales Below Expectations but Revenue Up

September 10, 2013 by Stephen Daly

Company plans to release more DLC in future.

Capcom has released its annual report showing that while sales of key titles like DmC: Devil May Cry and Resident Evil 6 failed to meet expectations the company's revenues have in fact risen year-on-year.

Revenue rose from 82 billion yen ($820 million) to 94 billion yen ($940 million) for the fiscal year ending March 31st, 2013. However, the company's Digital Contents Business, which accounts for 67 per cent of total income and oversees PC, console and mobile titles, saw profits decline by 50 per cent.

DmC: Devil May Cry sold 1.15 million copies compared to estimates of 2 million. Resident Evil 6 shifted 4.9 million copies, falling 2.1 million short of Capcom's 7 million estimate. The publisher was happier with the performance of Dragon's Dogma which sold 1.3 million units.

Making up for the shortfall in boxed games is Capcom's online division where revenue jumped by 45.9 per cent with the company expecting a further increase of 22.3 per cent this year.

Revenue overall is expected to remain largely flat for the current fiscal year.

COO Haruhiro Tsujimoto says the company will release more DLC in future. 

"I regret to say that, up to now, we had few plans for the full-scale implementation of DLC. From here on out, we need to focus on the long-term provision of content starting at the earliest stages of development.

"Furthermore, in terms of user response, if the additional related content we are providing continually to users online is deemed uninteresting from the start, there will be no ongoing business to pursue. This means that, more than ever before, the creation of underlying content is the key to success."

Capcom has a number of next-gen titles announced including Xbox One exclusive Dead Rising 3 and PS4 exclusive Deep Down. 

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