Capcom has shared its financial results for the nine months ended December 31, 2023. The company’s video game business continues to grow, driven by strong sales of Street Figther 6 and back catalog titles like Resident Evil and Monster Hunter.
Financial highlights
- In the first three quarters of FY23, Capcom reached net sales of ¥106.1 billion ($718.4 million), up 33% year-over-year.
- Operating income was ¥47.7 billion ($322.7 million), up 43% compared to the same period last year.
- Digital Contents (video games) division reached ¥81.4 billion ($551 million) in revenue, up 33% year-over-year.
- Digital sales remained the main distribution channel with ¥64.8 billion ($438.4 million) in revenue, but sales of physical copies grew 38% year-over-year.
- Mobile games generated ¥2.4 billion in the nine-month period, up 20% year-over-year.
- For the full fiscal year ending March 31, 2024, Capcom expects to reach ¥140 billion ($947.2 million) in revenue and ¥56 billion ($378.9 million) in operating income.
Game sales
- From April 1, 2023 to December 31, 2023, Street Fighter 6 was Capcom’s best-selling game with 2.98 million units sold globally. As of January 3, 2024, the title surpassed the 3 million mark.
- It is followed by the Resident Evil 4 remake — 2.69 million copies (its lifetime sales have now reached 6.48 million units).
- Other top-selling titles in FY23 include Resident Evil 2 (1.66 million copies, lifetime — 13.6 million), Monster Hunter Rise: Sunbreak (1.64 million copies, lifetime — 7.1 million), and MegaMan Battle Network Legacy Collection Vol. 1-2 (1.51 million copies).
- In the Mobile segment, the main revenue driver was Monster Hunter Now, an AR title developed by Pokémon Go developer Niantic.
- In the first three quarters of FY23, Capcom sold 32.6 million copies of games, up 12% year-over-year.
- Back catalog titles accounted for 81.9% of the total, while sales of new games reached 5.9 million units.
- The share of overseas sales continues to grow, accounting for 82.2% of Capcom’s total game sales, while the share of domestic sales dropped to 17.8%.