Capcom Reports Increase in Net Sales, Calls Ultra Street Fighter II a “Smash Hit”
Capcom has reported an increase in sales and profit for the three-month period ended June 30, 2017, thanks in part to Nintendo Switch’s Ultra Street Fighter II.
Overall, net sales amounted to 11,746 million yen, which is an increase of 7.5 percent year-over-year. The company noted that May’s release of Ultra Street Fighter II “made an excellent start and proved to be a smash hit,” driving net sales of the digital contents business up by 14.1 percent to 7,688 million yen.
Although Resident Evil 7 biohazard sold less than Capcom had hoped, the game contributed to revenue alongside Monster Hunter XX “to a certain extent,” according to the report.
“We reduced expenses in this quarter with the aim of profit improvement, which included reviewing and re-evaluating our cost of sales and selling, general and administrative expenses,” writes Capcom.
Elsewhere, the company’s arcade operations saw an increase in sales. Additionally, net sales from “other businesses,” which includes royalty income from licensing and sale of character merchandise, totaled 415 million yen (up by 13.2 percent from the same period last year).
You can find a summary of the report below.