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Capcom increases financial forecast due to Dragon's Dogma 2 success

Capcom increases financial forecast due to Dragon's Dogma 2 success

Japanese publishing giant Capcom has increased its financial outlook for the financial year ending March 31st, 2024.

In a note to investors, the company increased its earnings forecast to ¥152.4 billion ($977.9 million) from ¥140 billion. Operating income has slid up ¥1 billion ($64.2 million) to ¥57 billion ($365.8 million) while ordinary income has increased ¥3.4 billion ($21.8 million) to ¥59.4 billion ($381.2 million)

Capcom says that this is due to the success it has seen with both Street Fighter 6 – which launched in June 2023 – and the most recent release of Dragon's Dogma 2. The eagerly-anticipated RPG was released on March 21st, so just fits into this financial year.

"In our core Digital Contents business, in addition to Street Fighter 6, the latest title in the Street Fighter series, being met with broad acclaim globally, Dragons Dogma 2 was released in the fourth quarter and has performed favorably," Capcom wrote.

"Further, sales grew for catalog titles consisting primarily of past titles from major series due to their steady popularity. Altogether, this has led us to expect earnings for this business to exceed our plan.

"As a result, we expect net sales, operating income, ordinary income, and net income attributable to owners of the parent to all outperform our previously announced forecast."


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.