Capcom reports record profits yet again as older games continue to sell

videogameschronicle.com:

Capcom’s record profitability streak is continuing in 2022, driven by sales of legacy titles, Resident Evil Village and Monster Hunter Stories 2.

On Wednesday, in its results for the nine months ending December 31, 2021, the Japanese publisher reported the highest net sales and highest levels of all profit items for the end of a third quarter in company history.

It means Capcom is approaching its ninth consecutive year of operating income growth and its fifth consecutive year of record profits.

During its current fiscal year ending March 31, Resident Evil Village has so far topped 5.7 million units, while Monster Hunter Stories 2: Wings of Ruin has sold more than 1.4 million units.

But at 70% of its total unit sales, the company’s sales during the nine-month period have been overwhelmingly driven by older games in the Resident Evil and Monster Hunter series.

Monster Hunter Rise has now sold 8 million units since its release last year, and Resident Evil 7 has achieved its 6th consecutive year selling more than 1 million units and cleared 10 million total sales.

For the nine months ended December 31, 2021, Capcom’s net sales were up 35.9% year-on-year, and operating income up 43.9%. Game software sales exceed 25.8 million units, up 30.3% year-on-year.

Capcom has said it is working to increase its development personnel and expand its pipeline of games by both utilizing existing IP and creating new properties. The publisher announced its first new IP in 8 years, Pragmata, in 2020.

The company is also preparing to celebrate Street Fighter’s 35th anniversary this year. “Please look forward to the future development of the Street Fighter series.” It said this month.