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Capcom Q4 FY2018-2019 Results : RE2 exceeded Expectations , DMCV performed strongly , MM11 and SF 30th Performed Well


Oct 25, 2017
Capcom has released the Fiscal Report for the Forth and Final Quarter of the Fiscal Year 2018/2019 that ended March 2019

Their title for the press release was

" All Profit Figures Hit Record-High for Second Consecutive Year Driven by Digital Contents Business in Consolidated Results for the Year Ended March 2019 "

Here is the Press Release


Some highlights from the Press Release

- Overall Performance

During the fiscal year ended March 31, 2019, in Capcom's core Digital Contents business, in addition to the great success of Resident Evil 2, Devil May Cry 5 also performed well, backed by its established popularity overseas. Further, Monster Hunter: World, which shook up the market last year, broke 12 million cumulative units shipped following the additional release of the PC version, marking a record high for any single title in the Company's history. Meanwhile, in its Amusement Equipments business, market conditions worsened, presenting Capcom with a challenging situation; nevertheless, the strong performance from its Digital Contents business has offset this, delivering sales and profit growth in the company's consolidated results. As a result, Capcom has achieved its sixth consecutive year of operating income growth, and second consecutive year where all profitability figures from operating income down set record highs.
- Resident Evil 2

the popularity of major title Resident Evil 2 (for PlayStation 4, Xbox One and PC) exceeded expectations, driving the Company's business performance
- Devil May Cry V

Devil May Cry 5 (for PlayStation 4, Xbox One and PC) targeted overseas markets and also performed strongly, backed by consistent demand
- Monster Hunter World

the Monster Hunter series contributed significantly to improving profits: flagship title Monster Hunter: World (for PlayStation 4 and Xbox One), which was a phenomenal success in the previous fiscal year, maintained popularity through the expansion of its user base, while the Steam version for PC also performed solidly, boosting profits
- Monster Hunter Generations

Monster Hunter Generations Ultimate (for Nintendo Switch) enjoyed robust sales through its release in markets outside of Japan
- Megaman 11 and Street Fighter 30th Anniversary

Mega Man 11 (for PlayStation 4, Nintendo Switch, Xbox One and PC) and Street Fighter 30th Anniversary Collection (for PlayStation 4, Nintendo Switch, Xbox One and PC) performed well
- Catalog Titles

high-margin catalog titles, including Resident Evil 7 biohazard (for PlayStation 4, Xbox One and PC), increased sales through their enduring popularity
- Overall Financial Performance

Capcom Co., Ltd. today announced that in its consolidated business results for the for the fiscal year ended March 31, 2019, net sales increased to 100,031 million yen (up 5.8 % from the previous fiscal year), operating income increased to 18,144 million yen (up 13.1 % from the previous fiscal year), ordinary income increased to 18,194 million yen (up 19.3 % from the previous fiscal year), and net income attributable to owners of the parent increased to 12,551 million yen (up 14.8 % from the previous fiscal year).

- Digital Contents Financial performance

The resulting net sales were 82,982 million yen (up 11.9% from the previous fiscal year) and operating income was 23,315 million yen (up 22.0% from the previous fiscal year).

- Financial Forecast for FY 2019/2020

For the fiscal year ending March 31, 2020, Capcom anticipates net sales of 85,000 million yen and operating income of 20,000 million yen, which would result in seven consecutive years of operating income growth and three consecutive years of record high profit.

Capcom's Net sales forecast is lower than the result of their previous two Fiscal years , but at the same time they expected a Third year in a row with record high profits

- Capcom Outlook

The company expects an increasingly high-tech landscape, where high-resolution graphics and the adoption of AI (Artificial Intelligence) and VR (Virtual Reality) will enable greater realism and natural movement by characters in home video games.

As such, to generate synergy with its popular games via greater global brand awareness and value, the Company has been producing world-leading content, with brands such as Street Fighter and Resident Evilbeing made into Hollywood movies, now followed by Monster Hunter and Mega Man, which are also scheduled for live-action film adaptation. In recent years, as the domestic market matures, further efforts to increase sales in the larger overseas market have become essential to maintain sustained growth. The Company will, therefore, develop and sell titles that appeal to diverse customer needs, including games that are popular overseas, thereby enhancing customer satisfaction and ensuring its competitive advantage.

Moreover, in the fast-growing esports business, the Company, in addition to leveraging its abundant experience and operational knowhow accumulated over the years in the US, intends to make a full-scale entry into the market and gain a firm footing through the allocation of the necessary funds and human resources. Furthermore, by focusing its management resources in growth areas and priority divisions, as well as reinforcing existing divisions and downsizing and withdrawing from unprofitable divisions, the Company will rebuild its businesses in line with environmental changes. It will also aim for more cohesive business development and higher management efficiency while at the same time enhancing the corporate value of the entire Group by carrying out the business strategies and priority measures that utilize the Company's strengths.
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Oct 25, 2017
Glad to see RE7 doing well. It was a great twist on the formula and I hope they expand on it with RE8. But I wouldnt complain if 8 was more like RE2.


Oct 28, 2017
Really hate how they mention MHW sales, but not anything else. Especially MHGU, which i don’t believe has had any official numbers revealed at all.


Oct 28, 2017
"Driven by Digital Contents Business" - what is the digital contents business, is that digital only sales?
Oct 25, 2017
Thank you. I still have a microscopic bit of hope left that a new MH game will find its way on the Switch, but Capcom’s recent DMC announcement doesn’t install much confidence about anything Switch related.
Pretty sure the MH game from the portable team will be on Switch. Especially with Iceborne releasing this fall on PS4/One.


Oct 28, 2017
Let's hope Capcom learns the lesson that most big Japanese publishers seem to miss: Make good games, make lots of money.


Oct 25, 2017
Gimme more of them classic compilations on pc, ps4, etc. Capcpom.
It'll pass the time until your next big releases


Oct 25, 2017
Why have they added MHW PC to the same entry as PS4/Xbone on Platinum titles page. As is released later the PC version should be it own entry.

They changing the rules to get a bigger number to shout about?


Oct 26, 2017
how's the forecast for 2020 compared to forecast of 2018 the year MHW is released?
we know iceborne is this year


Oct 25, 2017
Glad to see survival horror Resi games succeeding and doing well. Proceed with more, Cappycom.


Community Resettler
Oct 25, 2017
"Demand is consistent' for DMC5 yet no additional DLC coming for DMC5!


Oct 27, 2017
I guess Onimusha remaster bombed. No mention of it. There goes the prospect of a new one or further remasters.


Oct 25, 2017
Columbia, SC
Gimme more of them classic compilations on pc, ps4, etc. Capcpom.
It'll pass the time until your next big releases
If there is one thing capcom is going to do without fail, its repurpose its old content for current consoles. Its only how well they do it is up for question. Our great-grand-kids will be playing some port of RE4 most likely.


Oct 29, 2017
It's great to hear the success. They make good games and deserve all the sales.
I'm really impressed by the quality of RE2 and DMC5.

Now it's time for some meaty additional contents :3 Bring me Ada and Vergil DLC!


Oct 25, 2017
"Amusement Equipments business"

What is this?
The Pachinko and Pachislot business.

Also sounds like that business is going to take an even bigger hit by Capcom themselves too. Financials also say they plan on downsizing and withdrawing from their unprofitable divisions. They are taking a "scrap and build" approach.
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Oct 25, 2017
Cape Town, South Africa
Really happy for the devs at Capcom.

Do we have any sales figures for DMCV and RE2?

Edit: Strong DMCV sales almost guarantees that Capcom will greenlight a Dragon's Dogma sequel yeah?


Oct 25, 2017
Why have they added MHW PC to the same entry as PS4/Xbone on Platinum titles page. As is released later the PC version should be it own entry.

They changing the rules to get a bigger number to shout about?
I think they realized that showing 1 title sold 5m+ is better than saying we have Five 1m sellers for PR purposes. Its not just MHW. Even MHXX got its 3DS and Switch versions combined. And even for SFV they added SFV:AE to the main title ( Something they never did for SFIV). But all their older games from the PS2/PS3 era are still separate. Heck they dont even count the budget SKUs for the sales.


Oct 28, 2017
Glad RE2 sold well. It's such an amazing experience. Now skip RE3 and go directly to an RE4 remake.


Dec 28, 2017
Glad RE2 sold well. It's such an amazing experience. Now skip RE3 and go directly to an RE4 remake.
Fuck no. RE3 has the most to gain from a remake, especially with a totally new perspective and control setup. RE4 wouldn't benefit nearly as much from being reimagined, it's a way longer/larger scale game that would be far more complicated to remake, and it's pretty much already perfect. RE3 is already just about flawless but there's way more to room to rearrange and add stuff, especially with an OTS camera and accommodating mechanics. RE4 is so jam packed with stuff it feels like there's nothing left to add, and for an OTS game the gameplay, mechanics, and controls are already exquisitely tuned.


Apr 1, 2019
I'm happy for Capcom. Now they need to resurrect other Classics to keep it going, like another Power Stone, another Maki-Mura/Ghosts 'N Goblins game (or another Dai Makai-Mura/Ghouls' N Ghosts game), Rockman X9/Mega Man X9, etc.

How about classic arcade games like Magic Sword? That could work as a brand new 3D game.

I hope Street Fighter 30th's performance convinces Capcom to keep Digital Eclipse busy with more collections.
Or find themselves real superior experts in emulation.
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Feb 12, 2018
I think remasters like Onimusha are less about measuring demand for a new entry and more about reminding people that it exists. Create a boost in brand awareness in the months up to a new project announcement

The DMC collection didn't sell a lot either.

Kaz Mk II

Oct 27, 2017
I'm very interested to see what they have planned for the rest of this year.

Hopefully a new PheoniX Wright game, maybe Mega Man X9 and of course MHW: Iceborne is still happening.