Capcom experienced its most profitable year in company history thanks to strong sales of_Monster Hunter: World_, which contributed greatly to improved profit for the company.
Capcom published its latest financial results earlier today, detailing financial performance for the year ended March 31 2018.
For the period spanning April 1 2017 to March 31, 2018 net sales were reported as ¥94.5 billion (~$867.5 million), up 8.4 percent compared to the previous fiscal year.
The Japanese publisher called out its digital contents business as the key driver of this growth, citing Monster Hunter: World as a record-setting success that's become the best-selling title in company history.
Net sales from Capcom's digital contents business came to ¥74.2 billion (~$681.1 million), up 26.3 percent year-over-year from ¥58.7 billion (~$538.8 million). Operating income was listed at ¥19.1 billion yen, up 72.2 percent from the previous fiscal year.
The strong sales of Monster Hunter: World and other titles published by Capcom helped offset the "worsened conditions" of the company's amusement equipments business, which saw net sales drop by 53.7 percent to ¥7.8 billion (~$71.6 million).
As for the upcoming year, Capcom plans to continue growing its digital contents business by pushing for more download sales and increasing the number of major releases in the medium-term. The publisher also mentioned making esports a "priority area of investment".
Capcom is estimating increased sales and profits for the next fiscal year, aiming to reach March 2019 with net sales of ¥96 billion (~$881.2 million) and operating income of ¥17 billion (~$156 million).
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