Capcom raises earnings forecast after Dragon Dogma 2 boost

April 25, 2024 by No Comments

in a New press release Today, Capcom revised its full-year consolidated earnings forecast after a combined boost from Dragon’s Dogma 2 and Street Fighter 6.

Capcom’s new forecast raises net income to 40 to 43.3 million yen for the year ending March 31, 2024. For the same fiscal year, Capcom said its “full-year dividend estimate is ¥70 per share.”

The forecast cited rising profits from catalog titles. But it specifically adds that Dragon’s Dogma 2 “performed favorably.”

Street Fighter 6 has earned solid critic reviews and average user reviews on Metacritic. However, Dragon’s Dogma 2 had a rough launch, facing widespread opposition to microtransactions.

However, the game took off, eventually selling 2.2 million units by the first week of April 2024. So, despite its divisive qualities, Capcom reaffirmed that Dragon’s Dogma 2 will sell well enough.

It is unclear whether this success will invite Capcom to continue with similar launches in the Dragon’s Dogma series or for other titles as well.

More information about the revised earnings forecast may come at the 45th Annual General Meeting of Shareholders. Today’s press release confirms that the event is scheduled for June 2024.

Last month, Capcom also announced that it would increase the starting salary for new graduate employees starting in fiscal year 2025. Current employees and new hires in fiscal year 2024 can also expect a special payment. So, Capcom’s optimism seems well-founded, as the company is also likely to invest in new hires.

For the latest insider gaming news, you can read about the Gears of War actor hinting that fans might hear about the next game in June.

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