It must be nice being Capcom. At a time when most of the games industry is in a historic bout of brutal layoffs, studio closures, and other assorted cost-cutting measures that mysteriously seem to never touch the C-suite, the Resident Evil and Street Fighter maker is raising salaries and, now, posting its seventh consecutive year of record profits and 11th consecutive year of operating profit growth.
In a Capcom press release earlier today, the company announced that its net sales in the fiscal year ended March 31, 2024 totalled 152,410 million yen, or around $979 million (£784 million, a 21% year-on-year increase.
The company's myriad other income breakdowns—operating and ordinary income and «net income attributable to owners of the parent»—also saw double-digit percent increases.
What's responsible for all the moolah headed Capcom's way? The company attributes its results to its «core Digital Contents business,» which is pretty much MBA-speak for games.
The corporation sold more games in the last financial year than it's ever sold before: 45.89 million. In particular, Capcom calls out Street Fighter 6, «which leads [Capcom's] esports activities,» and the release of Dragon's Dogma 2 as heavy hitters in its overall results.