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Capcom increases financial forecast off back of Resident Evil 3 success

Capcom increases financial forecast off back of Resident Evil 3 success

Japanese publishing giant Capcom has raised its financial expectations for the year ending March 31st, 2021.

In a release on its investor site, the Japanese firm said that this was partly due to the success of its digital business, driven by the remake of 1999's Resident Evil 3: Nemesis, which launched in April 2020.

This title boasted "solid performance," alongside Monster Hunter World DLC Iceborne. Capcom also says that there's strong pre-orders for the upcoming Nintendo Switch exclusive Monster Hunter Rise, too.

The Japanese giant reckons it will see net sales of ¥92 billion ($890 million) for the year – up from its previous forecast of ¥85 billion ($792.9 million), while operating income will clock in at ¥30.5 billion ($294.9 million) and ordinary income of ¥30 billion ($290.1 million). Both these were previously set to bring in ¥25.5 billion ($246.6 million).

Resident Evil 3 debuted in April 2020, with Capcom shipping two million copies in its first five days on sale. At the time of writing, the Resident Evil series as a whole has shifted 105 million units, a two million sale increase since August 2020.

Capcom's next Resident Evil title – Village – is set to release on May 7th, 2021.


PCGamesInsider Contributing Editor

Alex Calvin is a freelance journalist who writes about the business of games. He started out at UK trade paper MCV in 2013 and left as deputy editor over three years later. In June 2017, he joined Steel Media as the editor for new site PCGamesInsider.biz. In October 2019 he left this full-time position at the company but still contributes to the site on a daily basis. He has also written for GamesIndustry.biz, VGC, Games London, The Observer/Guardian and Esquire UK.

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