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Capcom Consolidated Financial Results: Year Ended March 31, 2024
Capcom achieved significant financial growth during the fiscal year ended March 31, 2024, marking its eleventh consecutive year of increased operating income.
- Capcom achieved its eleventh consecutive year of operating income growth, with net sales rising 21.0% to 152,410 million yen and operating income increasing 12.3% to 57,081 million yen for the fiscal year ended March 31, 2024.
- The Digital Contents segment drove performance by moving 45.89 million units, bolstered by the releases of Street Fighter 6 and Dragon’s Dogma 2 alongside strong back-catalog demand.
- Shareholder value improved significantly, with earnings per share rising to 103.71 yen and net assets per share increasing to 466.44 yen.
EVO Japan 2024 Grabs Attention with Street Fighter 6 and Tekken 8
EVO Japan 2024 demonstrated significant growth in the fighting game esports sector, solidifying its status as a premier global event.
- EVO Japan 2024 achieved 3.2 million hours watched with a peak viewership of 214,000, marking a 59% year-over-year growth despite having 10 fewer hours of airtime than the 2023 event.
- Street Fighter 6 led the event with 1.3 million hours watched and a peak viewership of 207,000, while Tekken 8 reached a peak of 187,000 viewers.
- Co-streaming accounted for 52.8% of total viewership, highlighting the significant role of individual creators in driving engagement for the tournament.
College Street Fighter Tour Coming to CECC Texas 2025
Collegiate Sports Management Group (CSMG) has announced a partnership with Capcom to launch the College Street Fighter Tour, a new competitive initiative for the collegiate esports landscape.
- Collegiate Sports Management Group (CSMG) has partnered with Capcom to launch the College Street Fighter Tour, with finals scheduled for the Collegiate Esports Commissioner’s Cup (CECC) Texas in 2025.
- Street Fighter 6 joins Super Smash Bros. Ultimate, Overwatch 2, Rocket League, and Valorant as an official competitive title within the CECC ecosystem.
- Esports industry veteran Wim Stocks, formerly of Beyond Gaming, Collegiate Starleague, and Virgin Gaming, has been appointed as the commissioner of the new tour.
Capcom Revised Full-Year Financial Outlook: Fiscal Year 2024
Capcom has revised its financial outlook for the fiscal year ending March 31, 2024, projecting a seventh consecutive year of record-high profits and revenue.
- Capcom projects a seventh consecutive year of record-high financial results for the fiscal year ending March 31, 2024, with net sales expected to reach ¥152.4 billion ($979 million).
- The company anticipates a 21% year-over-year growth in net sales and a 12% increase in operating profit, which is now forecasted at ¥57 billion ($366 million).
- Dragon’s Dogma II served as a primary growth catalyst in the fourth quarter, achieving 2.5 million units sold within its first 11 days of release.
Zenni Optical Partners With Evo
Zenni Optical has entered into a strategic partnership with the Evolution Championship Series (Evo), marking the first time the long-running fighting game tournament series has appointed an official eyewear partner.
- Zenni Optical has been named the first official eyewear partner in the history of the Evolution Championship Series (Evo).
- The partnership includes a branding presence at both Evo Japan and the main Evo 2024 event, which is scheduled for July 19–21, 2024, at the Las Vegas Convention Center.
- Zenni Optical and Evo will collaborate on educational content regarding eye health and launch a co-branded eyewear collection.
TEKKEN 8 Joins the Esports World Cup
The Esports World Cup Foundation has officially confirmed that Namco Bandai’s fighting game, Tekken 8, will be featured as a key title at the 2024 Esports World Cup.
- Bandai Namco’s TEKKEN 8 has been confirmed as an official title for the 2024 Esports World Cup, which will take place in Riyadh, Saudi Arabia, this July.
- The Esports World Cup is a multi-week, multi-title festival funded by the Saudi Arabian government’s Public Investment Fund (PIF).
- Tournament operations for the event are being managed by the ESL FACEIT Group, a subsidiary of the Saudi-owned Savvy Games Group.
Street Fighter 6 Joins the Esports World Cup
The Esports World Cup Foundation has officially announced that Street Fighter 6 will be featured as a key title in the upcoming Esports World Cup, scheduled to take place in Riyadh, Saudi Arabia, in July 2024.
- Capcom’s Street Fighter 6 has been confirmed as a featured title at the 2024 Esports World Cup, which will take place in Riyadh, Saudi Arabia, this July.
- The Esports World Cup is a multi-week gaming festival funded by the Saudi Arabian government’s Public Investment Fund and facilitated by the ESL FACEIT Group.
- While financial terms of the deal were not disclosed, Street Fighter 6 previously featured at the 2023 Gamers8 event with a $1 million USD total prize pool.
Hyper Game Tournament Cracks 3.8M Hours Watched
The Hyper Game Tournament, a prominent Japanese live-streaming event hosted by personality Junichi Kato, demonstrated significant growth during its second annual iteration held in March 2024.
- The second annual Hyper Game Tournament, hosted by Junichi Kato on the OPENREC platform, generated 3.8 million hours watched across two days (March 16–17, 2024).
- The event achieved a peak concurrent viewership of 290,000 during its Street Fighter 6 finale and maintained an average concurrent viewership of 193,000 throughout the tournament.
- Total hours watched for the 2024 tournament increased by 25% compared to the event's inaugural 2023 performance.
Helldivers 2 Remains Top-Grossing Game on Steam
Helldivers 2 continues to lead the Steam marketplace, maintaining its position as the highest-grossing product for the fourth consecutive week during the period of February 27 to March 5, 2024.
- Helldivers 2 remained the top-grossing product on Steam for the fourth consecutive week between February 27 and March 5, 2024, consistently outperforming the Steam Deck and major free-to-play titles.
- Supermarket Simulator demonstrated significant growth, climbing 30 positions to reach the 12th spot in overall Steam revenue.
- Nightingale experienced a sharp decline in market performance, dropping 57 positions in the rankings.
Capcom Offers $1M Grand Prize for Capcom Pro Tour 2024
Capcom has announced a $1 million grand prize for the winner of the Capcom Cup XI, the championship tournament for the 2024 Capcom Pro Tour.
- Capcom will award a $1 million grand prize to the winner of the Capcom Cup XI championship, the final event of the 2024 Capcom Pro Tour.
- The Capcom Pro Tour features competitive tournaments for the Street Fighter series, with the 2024 circuit continuing to focus on Street Fighter 6.
- The previous season, Capcom Cup X, featured a total prize pool exceeding $2 million and attracted over 190,000 concurrent viewers on YouTube and Twitch.
SteelSeries Partners With CAPCOM CUP X
SteelSeries has secured a partnership with Capcom to serve as the official headset provider for CAPCOM CUP X, the concluding event of the 2023 Capcom Pro Tour.
- SteelSeries has been named the official headset partner for CAPCOM CUP X, the final event of the 2023 Capcom Pro Tour featuring Street Fighter 6.
- The winner of the CAPCOM CUP X Grand Finals, scheduled for February 25, will receive a $1 million USD grand prize.
- All 48 competitors participating in the tournament will use the SteelSeries Arctis Nova Pro headset during the event.
Disney x Fortnite / Heroes of Mavia Launch / WB Live Service Stumbles
The gaming industry is currently undergoing a structural transformation characterized by a move away from traditional standalone development toward interconnected digital ecosystems and community-driven engagement.
- Disney is investing $1.5 billion into Epic Games to integrate its intellectual property into Fortnite, shifting away from internal development to leverage an existing, persistent cross-platform ecosystem.
- The gaming industry is moving toward interconnected digital ecosystems, prioritizing organic player retention and high-quality gameplay over aggressive, top-down monetization strategies.
- Forced live-service mechanics are alienating core audiences, as evidenced by the poor reception of Warner Bros. titles like Suicide Squad: Kill the Justice League and Mortal Kombat 1.
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