Bruno MB
Member
Financial Results for the Fiscal Year Ended March 31, 2015
Decreased in Net Sales by 37.1%, Increased by 2.7% in Operating Income from the Previous year
- Profitability improved to 16.5% through the efficient development infrastructure -
Capcom Co., Ltd. (Capcom) today announced that net sales decreased to 64,277 million yen (down 37.1 % from the previous year). As for profit, operating income increased to 10,582 million yen (up 2.7 % from the previous year), and ordinary income increased to 10,851 million yen (down 0.9 % from the previous year). Net income for the current period was raised to 6,616 million yen (up 92.1% from the previous year).
During the fiscal year ended March 31, 2015, in the Digital Contents business sales of the special feature title "Monster Hunter 4G" (including "Monster Hunter 4 Ultimate") were largely in line with the plan and "Resident Evil Revelations 2" which is sold in an ingenious manner (separate digital download sales of each episode followed by package sales) has also made a strong start to be a million seller. Additionally, a steady increase in the sales volume of digital download sales of repeat titles contributed to profits due to their high profitability. However, net sales in Digital Contents business decreased due in part to lack of major titles in mobile contents combined with the downturn in big title released in the previous year. Moreover, in Amusement Equipments business the product lineup lacked variety to some extent due to the delay in the introduction of a new model caused by the revision in pachislo model certification method by the Security Communications Association. As a result, the resulting net sales were 37.1% down from the previous fiscal year.
On the other hand, as profitability operating income was 2.7% up from the previous fiscal year because the Company endeavored to improve its profits by reducing the cost of sales and cutting back on general and administrative expenses, as well as improvement in the increase download sales and efficient development infrastructure in the Consumer.
As for future outlook, Capcom will aim to expand revenue by, among others, launching major titles and strengthening digital download sales and also work to develop a corporate structure that can secure stable profit through the increase in internal production rate and business efficiency improvement. As for the forecast for the next fiscal year ending March 31, 2016, we expect 76,000 million yen in net sales and 12,000 million yen in operating income.
http://www.capcom.co.jp/ir/english/news/html/e150507b.html
http://www.capcom.co.jp/ir/english/data/pdf/explanation/2014/full/explanation_2014_full_01.pdf
http://www.capcom.co.jp/ir/english/data/pdf/explanation/2014/full/explanation_2014_full_02.pdf
Edit:
Their prior plan:
http://www.capcom.co.jp/ir/english/data/pdf/explanation/2014/2nd/explanation_2014_2nd_01.pdf