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Capcom raises full year earnings forecast thanks to strong digital sales

The success of games like Resident Evil 3 and Monster Hunter World: Iceborne have inspired the folks at Capcom to raise their full-year earnings forecast.

Alissa McAloon, Publisher

January 21, 2021

1 Min Read
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The success of games like Resident Evil 3 and Monster Hunter World: Iceborne have inspired the folks at Capcom to raise their full-year earnings forecast ahead of the close of the financial year in March.

Capcom now says it expects net sales for the year to come in around 92 billion yen ($888.9 million), up from the previously forecasted 85 billion yen, a 7 million yen increase. Operating income is likewise seeing boost, with Capcom now forecasting 30.5 billion for the full year, up 5 million from the previous 25.5 billion yen.

All in all, Capcom says the revision is thanks to its success "proactively growing digital sales" in its video game business. That effort has seen recent releases like Resident Evil 3 achieve a "solid performance" and helped longer-tail games like Capcom cash cow Monster Hunter World: Iceborne continue to sell.

Capcom also notes that a strong early preorder period for its upcoming March release, the Switch exclusive Monster Hunter Rise, has bolstered its financial confidence for the quarter ending March 31.

About the Author

Alissa McAloon

Publisher, GameDeveloper.com

As the Publisher of Game Developer, Alissa McAloon brings a decade of experience in the video game industry and media. When not working in the world of B2B game journalism, Alissa enjoys spending her time in the worlds of immersive sandbox games or dabbling in the occasional TTRPG.

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