Capcom Q1 FY2009 Consolidated Financial Results

Capcom’s consolidated financial results for the first quarter of the fiscal year ending March 31, 2009, demonstrate strong growth driven primarily by the success of its home video game segment. The company reported net sales of 16,352 million yen, representing a 14.5% increase over the same period in the previous year. Operating income rose significantly to 2,978 million yen, a 43.5% increase, while net income surged by 110.8% to 2,382 million yen. These results reflect a robust performance in the Japanese video game market, bolstered by the widespread popularity of the Monster Hunter series.

The home video game segment served as the primary catalyst for this growth, generating 10,406 million yen in sales and 3,556 million yen in operating income. The title Monster Hunter Freedom 2G for the PlayStation Portable was a standout performer, selling approximately 2.4 million units and becoming the first Japanese software title for the platform to surpass the 2 million unit milestone. Conversely, other segments faced challenges; the arcade operations segment struggled due to market stagnation and declining consumer confidence, resulting in an operating loss of 73 million yen. Similarly, the contents expansion segment saw a decline in both sales and profit, largely due to a lack of new Pachislo-related device shipments during the quarter.

The financial position remains stable, with total assets of 91,705 million yen and a shareholders' equity ratio of 61.7%. The company adopted new accounting standards for quarterly reporting and inventory measurement during this period, which necessitated minor adjustments to consolidated figures. Despite the mixed performance across non-gaming segments, the company maintained its full-year business forecasts, projecting total annual net sales of 95,300 million yen.