Jul 31, 2012
Category: All, Console, Investments, PC / Mac
Tags: Revenues
Capcom notes industry “recovery” as profits spike
Net profits climb almost 300 per cent, Dragon’s Dogma hits 1 million sales. Capcom’s second quarter net profits jumped almost 300 per cent as the Japanese publisher observed a “recovery trend” in the video game market.
This is the first paragraph of an article found on gamesindustry.biz. It contains some interesting insights that fit the consumer and business insights focus of our blog. The article continues …
For the three-month period ending June 30 2012, the company posted revenues of ¥18.6 billion ($237m / £151m), a 55.8 per cent increase year-on-year. Net profits were ¥1.3 billion ($17m / £11m), a 290.2 per cent jump over the ¥338 million posted in the same quarter last year.
Capcom’s Digital Contents group, which covers its console, PC and digital products, accounted for the majority of income, reporting ¥13.7 billion ($175m / £111m) in revenue for the quarter – up 78.8 per cent.
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Read full article on gamesindustry.biz
