Capcom Sees Record Q3 Profits Thanks to Monster Hunter and Resident Evil
Capcom’s latest earning report details a record Q3 for the company, with high sales over the last nine months having been fueled by Resident Evil 3 and the continued success of Monster Hunter: World.
A press release from the company states that net sales for Capcom are up 22.6% and operating income is up 32.2% year-over-year. Net sales amounted to a healthy 64,867 million yen, putting the earnings per share of the company at 164.15 yen, up from 122.39 yen in 2019. This covers the period April to December 2020.
During the third quarter, Capcom experienced growing sales of Resident Evil 3, which released at the very start of the financial year in April 2020. It has now hit 3.6 million sales. Meanwhile, 2019’s Monster Hunter World: Iceborne continued to sell well in 2020, and now has topped a cumulative 7.2 million units sold.
On the business side of Capcom, a sale and profit increase was seen due to the release of a Monster Hunter: World-branded pachislo casino machine in November.
“As a result, Capcom achieved the highest profit at all levels for the end of a third quarter in company history,” stated the press release.
As detailed in the financial results presentation, the impact of COVID-19 has been considered ‘negligible’. Capcom also notes that there is “limited impact” from the recent data security incident, and that an investigation into the scope of the damage is ongoing.
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The company’s success has led to it raising its full-year earnings forecast, with the belief that shares will come in at 196.72 yen.
Capcom’s next year is already set to be exciting, with The release of Resident Evil Village and RE:Verse in May, and the new Switch-exclusive Monster Hunter Rise in March. Demos for both are available already, with the Monster Hunter Rise demo on Switch and the Maiden demo for Resi Village on PS5.
Matt Purslow is IGN’s UK News and Entertainment Writer.