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Capcom Fiscal Year Ended 03/31/08 Results: Outstanding Year – Net Income up 33.4%

All numbers are in Millions of Yen (¥)

Results of the Year ended March 31, 2008 (April 1, 2007 – March 31, 2008)

Net Sales – ¥83,097 (compared to ¥74,542, year ended March 31, 2007)

Operating Income – ¥13,121 (compared to ¥9,602, year ended March 31, 2007)

Net Income – ¥7,807 up 33.4% (compared to ¥5,852, year ended March 31, 2007)

 

A portion of the press release and links to the finincial statments can be found after the break.

Capcom Co., Ltd. would like to announce that net sales increased to 83,097 million yen (up 11.5% from the previous year), operating income increased to 13,121 million yen (up 36.6% from the previous year), ordinary income increased to 12,267 million yen (up 15.7% from the previous year), net income increased to 7,807 million yen (up 33.4% from the previous year) in financial results of Fiscal Year ended March 31, 2008.

Regarding Home Video Games business, “Resident Evil 4 Wii edition”, “Resident Evil: The Umbrella Chronicles”, and “Devil May Cry 4″ achieved robust sales particularly in overseas markets. Additionally, “Monster Hunter Freedom 2″, which was released in February 2007, and “Monster Hunter Freedom 2G” in the end of this fiscal year, made satisfactory sales in Japan.
In the segment of Contents Expansion, furthermore, earnings increased supported by the contribution from game distribution to mobile phones. These factors have covered the weak performance of Arcade Operations business and Arcade Game Sales business, and resulted in the second highest performance in the past, which means net sales increased by 11.5%, operating income by 36.6%, ordinary income by 15.7% from the previous year.

As for the Forecast for the next fiscal year ending March 31, 2009, net sales will increase to 95,300 million yen (up 14.7% from the previous fiscal year ended March 31, 2008) and ordinary income will increase to 14,800 million yen (up 20.6% from the previous fiscal year ended March 31, 2008) by the steady growth of each segments, which will be the best records of Capcom Co., Ltd.

Link to full press release

Link to financial statements (pdf)

-Justin

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