RPGFan


Capcom Slips Back into the Red
03.31.04 - 6:55 PM

Capcom has revised its projections for the full fiscal year 2003/2004, which has ended on March 31st. Instead of the previously projected net profit of 4.2 billion yen ($39.77 million US), the company now predicts a loss of 9.4 billion yen ($89.01 million US) . Compared to the previous fiscal year, sales were down from 61 billion yen ($577.60 million US) to 53 billion yen ($501.85 million US). The two main reasons for today's downgraded projections can be found not in Japan, but in the US and Europe, where Capcom's profit ratio has declined as a result of increased sales promotions for its market inventory and a changed release schedule in the US. Furthermore, Capcom had to act on behalf of an affiliated subsidary, which resulted in costs of 3.5 billion yen ($33.14 million US) for loans and damage insurance payments.


Back
Chris Winkler





Coming Up on Twitch

Star Ocean: The Second Story
Sunday, October 22 • 10am PDT/1pm EDT

Final Fantasy XII: The Zodiac Age
Mondays • 6pm PDT/9pm EDT

Vandal Hearts
Tuesdays • 12pm PDT/3pm EDT

Xenogears
Tues-Wed-Thu and Saturdays • 7pm PDT/10pm EDT

Featured Content
Guild Wars 2: Path of Fire Review
Guild Wars 2: Path of Fire
Review
Retro Encounter 105
Retro Encounter 105
Podcast
Fragments of Him Review
Fragments of Him
Review
South Park: The Fractured but Whole Review
South Park: The Fractured but Whole
Review
Etrian Odyssey V: Beyond the Myth Review
Etrian Odyssey V: Beyond the Myth
Review
Pillars of Eternity: Complete Edition Review
Pillars of Eternity: Complete Edition
Review