After a strong first half of its fiscal year, Capcom has stated that it’s on track to achieve 11 straight years of operating income growth. Read on to learn more about it, along with some key takeaways from their financial report.
Capcom’s 11 Straight Years of Growth
After Capcom released its First Half Report for fiscal year ending March 31, 2024, they announced in a press release that the company is on track to achieve an impressive 11 straight years of operating income growth. Their sales and profits increased year-over-year (YoY), driven by the growth of the digital contents business in Capcom’s consolidated results for the six months ended September 30, 2023.
Capcom’s net sales were at 74,934 million yen (up 52.7% YoY), operating income at 33,835 million (up 54.5% YoY), ordinary income at 36,164 million (up 57.3% YoY), and net income attributable to owners of the parent at 25,287 million yen (up 56.7% YoY).
With their millions of product sales annually, Capcom said that their successes can be attributed to their strong digital sales of games, which makes a lot of sense considering how much digitized the gaming scene has become over the past few years. In the last six months, their best selling game was Street Fighter 6, which sold over 2.47 million units since its release in June. The highly anticipated Resident Evil 4 remake sold another 1.66 million copies during this half, and has now sold a total of 5.45 million since its release in March.
