Capcom First Half Report: Fiscal Year Ending March 31, 2026

Key insights

7 takeaways

01
Capcom achieved record-high total and catalog unit sales for a first-half period, driving year-on-year revenue and profit growth across all business segments.See it on page 2
02
The company maintains its full-year fiscal plan, targeting 190 billion yen in net sales and 73 billion yen in operating profit, representing 12% and 11% growth respectively.See it on page 3
03
Digital contents remain the primary revenue driver, with digital sales reaching 43.5 billion yen in H1, a 29% increase compared to the previous year.See it on page 5
04
Catalog title sales continue to perform strongly, accounting for 95.8% of total unit sales (22.85 million units) as the company leverages core brands like Resident Evil, Monster Hunter, and Street Fighter.See it on page 6
05
The Amusement Equipments segment saw significant growth, with revenue reaching 15.1 billion yen—a 378% increase—driven by the successful performance of titles like 'Shin Onimusha 3' and 'Devil May Cry 5 Stylish Tribe'.See it on page 9
06
Arcade operations reported revenue of 12.4 billion yen, a 13% year-on-year increase, supported by the popularity of prize games and increased customer traffic during the summer heatwave.See it on page 4
07
The company is actively expanding its media footprint, including the production of a live-action 'Street Fighter' movie in collaboration with Legendary Pictures.See it on page 10

Summary

Capcom’s first-half report for the fiscal year ending March 31, 2026, details a period of robust financial growth across all business segments. The company achieved its highest-ever total and catalog unit sales for a first-half period, driven primarily by the sustained performance of its core intellectual properties. Consequently, management has maintained its full-year earnings forecast, projecting net sales of 190 billion yen and an operating profit of 73 billion yen.

The Digital Contents segment remains the primary revenue driver, benefiting from strong catalog sales and digital distribution strategies. Total unit sales reached 23.85 million units, a 19.1% increase year-on-year, with catalog titles accounting for 95.8% of that volume. Key brands such as Resident Evil, Monster Hunter, and Street Fighter continue to anchor this performance. Additionally, the Amusement Equipments segment saw significant growth, with revenue rising 378% year-on-year to 15.1 billion yen, bolstered by the successful sales of titles like Shin Onimusha 3. The Arcade Operations segment also contributed positively, supported by increased customer spending during the summer heatwave and the opening of new locations.

Financial health remains stable, with total assets reaching 298.8 billion yen. While cash flows from operating activities were 4.5 billion yen, the company continues to invest heavily in research and development, with 23.7 billion yen allocated during the first half. The report emphasizes that future performance remains subject to market volatility, including fluctuations in foreign exchange rates, consumer demand for hardware, and the success of upcoming titles such as Resident Evil Requiem and Monster Hunter Stories 3: Twisted Reflection. The company’s strategy focuses on leveraging its established brand portfolio to maintain long-term growth.