In spite of all the negative feedback towards different business practices, Capcom will be enjoying a near $17 million in profit for the first quarter. Capcom will go on to make a ¥1.3 billion ($16.9 million) profit for the first quarter of the 2013 fiscal year, an increase of 290% in their total net income. Capcom also saw a growth in revenues for the first quarter, netting a total of ¥13.74 billion ($176 million) in sales, and an overall revenue increase of 56% from last years quarter.
Of course, Capcom is attributing their financial success to the string of solid releases in the past few months, the biggest of which being Dragon’s Dogma. Although Capcom admits it “struggled abroad,” Dragon’s Dogma exceeded expectations in Japan, selling over 400,000 copies to go along with the one million units shipped worldwide.
Capcom also cited their social games division as a contributing factor. Their social games “remained strong” throughout the quarter, including The Smurf’s Village, Sengoku BASARA: Card Heroes and Resident Evil: Outbreak Survive, which added over 2 million new registered members according to the report. Interestingly enough, Capcom’s weak spot seemed to be the Arcade side of gaming, with their net sales on Arcade games down 9.1% from last years quarter, citing the closing down of one major arcade in Japan, as well as not meeting the “backlash of special demands”due to the Great East Japan Earthquake.