Capcom's income drops 73.1% from previous fiscal year

Posted by Jonathan 'Catalyst' Grey • May 7, 2010 at 10:12 a.m. PDT
Capcom's income drops 73.1% from previous fiscal year Capcom announced today they their net income went down 73.1% from the previous fiscal year. This isn't too big of a deal though, as a sharp rebound is expected because they're releasing some major titles this fiscal year.

What's interesting though is what they had to say about the loss.
In Arcade related business, extraordinary loss increased due to the business restructuring expense incurred for revising the arcade game development system. On the other hand, the corporate tax refund for prior fiscal years based on the agreement between US and Japanese tax authorities concerning the revision on transfer pricing taxation was recorded.
With this statement, it's somewhat surprising that Super Street Fighter 4 will see an arcade release, but considering what's happening in that division — it may very well be one of the last, if not the last, Capcom fighter that sees one.

There is some good news though, the write up also states that Street Fighter IV saw nice overseas growth, which helped offset the losses for the fiscal year.

Source: Capcom press release
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