Wednesday, 09 October 2024
Article and comments
As Capcom Plays It Safe, Sales Fall and Profits Climb

Added: 03.02.2015 10:28 | 0 views | 0 comments

A risk-averse financial year for Capcom has resulted in a 36 percent decrease in sales, but its cost-cutting measures has ensured its profits are up year-on-year.

For the nine-month period between April and December, the corporation made about $407 million in revenue, which represents a 36 percent decrease compared to its 2013 performance.

However, due to its company-wide cost cutting, net profits climbed 10 percent, up to about $56 million. This result is emblematic of the modern-day publishing industry, with corporations looking to limit the level of risk in triple-A games development.

It also means fewer games, and fewer major investments, as Capcom attempts to reduce the volatility of its business. Recently, the publisher announced it was were "solid, reflecting its strong popularity in the Digital Contents business".

Sales of legacy titles on digital platforms, such as Steam, also contributed to profits, Capcom added.

More in www.gamespot.com »

Tags: Capcom, Salon, Fate, April, Digital, Plane



Image with code
Comments:
advertising

Copyright © 2008 - 2024 Game news at Chat Place  - all rights reserved