RPGFan


Capcom Halts Development of 18 Titles
04.18.03 - 11:39 PM

Capcom has announced that the development of 18 of its 100 titles currently in development has been put on hold, following lower than expected sales of key titles throughout the last fiscal year. Among the offenders were Breath of Fire V: Dragon Quarter, Clock Tower 3 and Biohazard Zero (Resident Evil Zero). Recently released, innovative titles like Chaos Legion or P.N.03 also didn't live up to expectations and hence couldn't fill the gap.

Hence it is not surprising that Capcom has posted a worse than expected consolidated loss of 19.5 billion yen (163.07 million USD) during the fiscal year ending on March 31st 2003. Sales have totalled at 61.9 billion yen (517.65 million USD), compared to previous estimates speaking of 70.5 billion yen (589.56 million USD). For the current fiscal year, the company predicts a consolidated net profit of 4.2 billion yen (35.12 million USD) and sales of 63 billion yen (526.84 million USD).


Back
Chris Winkler





Coming Up on Twitch

Vandal Hearts
Sunday, Apr. 30 • 10am PDT/1pm EDT

To Be Announced!
Every Tuesday • 12pm PDT/3pm EDT

Tales of Symphonia
Every Wednesday • 5pm PDT/8pm EDT

Horizon Zero Dawn
Every Thursday • 5pm PDT/8pm EDT

Featured Content
Retro Encounter 80
Retro Encounter 80
Podcast
The Silver Case Review
The Silver Case
Review
Random Encounter 126
Random Encounter 126
Podcast
NieR: Automata OST Review
NieR: Automata OST
Review
Major/Minor Review
Major/Minor
Review
Retro Encounter 79
Retro Encounter 79
Podcast