Capcom has released a financial report for the sixth-month period ended September 30. The company’s revenue and profit continue to grow on strong back catalog sales and new successful releases like Street Fighter 6.
Street Fighter 6
Financial highlights
- In the first half of 2023, Capcom reached net sales of ¥74.9 billion ($498 million), up 52.7% year-over-year.
- Operating income was ¥33.8 billion ($224.9 million), up 54.4% year-over-year.
- Digital Contents (video games) division accounted for 81.7% of total revenue, with ¥61.2 billion ($407 million) — up 70% year-over-year.
- The growth was largely driven by the successful launch of Street Fighter 6, as well as back catalog sales.
- Sales of physical copies grew 179% year-over-year to ¥12 billion ($79.7 million), but digital sales remained the main distribution channel with ¥47.6 billion ($316.5 million).
- Mobile games generated ¥1.5 billion ($9.9 million) in revenue in six months, up 36% year-over-year.
- The growth in the mobile segment is driven by Monster Hunter Now, a new title developed by Pokémon Go maker Niantic. It has already generated over 10 million downloads globally.
- For the full fiscal year ending March 31, 2024, Capcom expects total net sales of ¥140 billion ($930 million), up 11% year-over-year, and operating income of ¥56 billion ($372.3 million), up 10%.
- The company’s video game revenue is expected to grow 8% to ¥106.3 billion ($706.8 million).
Capcom’s game sales
- The company sold 22.6 million units of games in six months, compared to 21.3 million in H1 2022.
- 81.4% of game sales came from overseas, and domestic sales (Japan) reached 4.2 million units.
- Back catalog titles accounted for 77.9% of the total, while sales of new games reached 5 million units.
- Street Fighter 6 was the best-selling Capcom game in H1 Fy23, with 2.47 million copies sold globally. It is followed by Resident Evil 4 remake (1.66 million), MegaMan Battle Network Legacy Collection (1.42 million), Resident Evil 2 remake (1.18 million), and Monster Hunter Rise: Sunbreak (1.09 million).
- When it comes to lifetime sales, RE4 has already reached 5.45 million copies sold, while RE2 and Monster Hunter Rise boast 13.1 million and 13.6 million units respectively.