Capcom net sales up 22.6% year-on-year, partly thanks to Resident Evil 3

Capcom net sales up 22.6% year-on-year, partly thanks to Resident Evil 3

Japanese publishing giant Capcom has reported a 22.6 per cent increase in net sales for the three months ending December 31st, 2020.

In its press release, the firm said that it brought in ¥64.9bn ($622m) for the quarter, while operating income saw a 32.2 per cent rise year-on-year. The company says that this strong performance was driven by its Digital Contents business, with the remake of Resident Evil 3 – which debuted in April 2020 – seeing strong digital sales, alongside the Iceborne DLC for Monster Hunter World.

Capcom also says that licensing from revenue from "the use of the Company's major IP" also contributed to profit, possibly a reference to the Monster Hunter film being directed by Paul WS Anderson.

Last week, Capcom increased its financial forecast for the full year off the back of Resident Evil 3's strong performance. The firm is also launching a new Resident Evil title – Village – in May, alongside multiplayer title Re:Verse.

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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 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, VGC, Games London, The Observer/Guardian and Esquire UK.