The company expects a $1 billion yearly income by March 31

Oct 30, 2009 19:51 GMT  ·  By

It may not beat Nintendo as far as profits go, but at least for now, Capcom makes money by the truckload. The company announced in July that its April-June quarter managed to get a ¥19.5 billion or $213 million revenue. It has updated its situation today, and the April-September time segment brought it a total of ¥38.9 billion. That amounts to $426 million, and almost half a billion dollars has a very nice ring to it. Even if the April-June quarter didn't do as well as it had hoped, and it brought only a ¥2.23 billion or $24.4 million net profit to the company, it made up for it in the end. The total six-month income has an overall increase of 58.4 percent, mounting up to ¥2.96 billion, or $32.4 million.

The Home Video Games segment was a big part of these numbers, as it grew in revenues by 68.3 percent, up to ¥27.7 billion yen or $303 million. As such, the operating income doubled to ¥7.3 billion, $79.9 million. If you feel all the numbers and time tables confuse you, don't worry, there's nothing to be ashamed of. The whole purpose of them is to confuse even the marketing analysts that work for the competition.

As part of its report, Capcom said that "As for the video game industry, the Japanese domestic market has been on a downward trend, but it started to show some signs of recovery. Such an improvement, though not steady, is supported by the release of several large-scale titles that energized the home video game market." One of them is definitely Monster Hunter Tri. The game sold 1 million units on itself since the August 1 release, but Capcom didn't count – or at least it didn't do so for us – the copies that were included with the special Wii bundle.

Other big tiles for the company were Monster Hunter Freedom Unite for the PSP, and Ace Attorney Investigations: Miles Edgeworth for the DS and Resident Evil 5 for the Xbox 360 and PlayStation 3. Despite the big increase in its revenues, Capcom didn't top the expectations it had at the beginning of the year. The end-stretch sprint came only to compensate for the slow start the company had in the first period of the year. By the end of the current fiscal year, on March 31, 2010, Capcom predicts a ¥95 billion or $1.04 billion income through net sales, while net income is expected to be ¥8.5 billion or $93 million.