Capcom's Q1 sales soar 19%, arcade division down

Posted by Jonathan 'Catalyst' Grey • July 30, 2009 at 2:13 p.m. PDT | Comments: 0
Capcom's Q1 sales soar 19%, arcade division down is running a story showing that Capcom's quarter 1 sales have increased by 19%. Here's the skinny.
Resident Evil 5 and Street Fighter IV boosted the publisher's 12-month take 10 percent year-over-year to nearly $1 billion, with profit creeping up 3 percent to $81.6 million. Today, the publisher revealed that the good times continue to roll in Osaka, as first-quarter revenues for its current fiscal year, jumped 19.2 percent over the previous year to ¥19.5 billion ($204 million).

Though revenue was clearly up for Capcom during the three-month period ended June 30, profit was more of a mixed bag. Operating income climbed 23 percent during the period to ¥3.66 billion ($38.3 million), boosted by Capcom's successful home video game business. However, the publisher's arcade business continues its inconsistent performance, dragging net income -- or profit -- down 6.4 percent to ¥2.23 billion ($23.3 million) during the period.
It's interesting to see that Capcom's arcade division didn't perform as well. While arcades in Japan have proven more resilient than those over here in America, for a variety of reasons, one can't help but wonder if they too will soon start to close down like they have been nearly every where else.
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