Capcom riding high on record sales and increasing share value

destructoid.com:

Capcom has released its latest financial earnings report, which records the sixth consecutive year of profit growth for the Resident Evil and Street Fighter publisher — The publishing of the new report has also affected the company’s share value, which spiked to an all-time high earlier this morning.

According to the numbers, Capcom sold 41.7 million games for the period ending March 31, 2023. This number not only represents a 10 million sales boost from the previous year, but is also the largest year-on-year sales growth in the company’s entire history. The boost in sales is attributed to two titles in particular: survival horror remake Resident Evil 4 and the epic fantasy adventure Monster Hunter Rise: Sunbreak.

These impressive sales figures also include the continued success of the Capcom catalog, with titles such as Devil May Cry 5, Resident Evil Village, Resident Evil 2 & 3, Monster Hunter World, and The Great Ace Attorney Chronicles. Capcom already has several more titles on deck for the remainder of 2023, including dino-hunter Exoprimal and handheld remaster Ghost Trick: Phantom Detective. Capcom’s biggest upcoming release, however, is inarguably Street Fighter 6, which launches on PC and console platforms June 2. The publisher has already set a target of 10 million sales for the new sequel.

The Capcom success story can be traced back to the launch of Monster Hunter: World back in the winter of 2017. Following a period of decline that saw disappointing launches for Street Fighter V and Marvel vs. Capcom: Infinite, Monster Hunter: World would not only go on to be the publisher’s best-selling release of all time, but would kick off a series of hugely successful releases for Capcom, resulting in the most lucrative