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Capcom Revises Financial Forecasts

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By BloodyFanGirl20-04-2013

Capcom has adjusted their financial forecasts in light of what the company is calling a “special loss” of close to $73 Million. The loss has been revealed to be due to the cancellation of various game projects. The company has partially placed the blame on outsourcing work overseas. Capcom said that due to the “excessive” outsourcing of projects there has been a drop in the quality of work being done which has then lead to cancellations. Because of this the company has decided to keep much more of its game development work in house. Additionally, after noting "insufficient coordination" overseas, Capcom expressed wanting its development and marketing divisions to work much more closely in sync with each other. Capcom also said that it’s going to aim to “strengthen digital strategies” through increasing their downloadable content output.

Despite this massive financial loss Capcom forecasts a net profit for the last fiscal year of ¥2.9 billion (which is equivalent to about $29.5 million). This is in part thanks to the popularity of its Resident Evil 5 slot machine. Furthermore the company’s shipping forecasts are said to be in line with the revisions they announced earlier this year. The tautologically name DmC: Devil May Cry is expected to be 1.15 million and Resident Evil 6 is meant to be about 4.9 million.


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Comments (2)
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Posts: 207

Well, it is Capcom, what did you expect Bobfish?

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Posts: 3290

So throwing DLC at people didn't go down so well huh?

let's throw more DLC at people :D