Capcom profit crashes 73% in full-year results

By Patrick Garratt, Friday, 7 May 2010 08:34 GMT

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Capcom’s full-year figures were described by the firm as “sluggish” this morning, with net profit down over 73 percent to ¥2.2 billion ($24 million) for the 12 months ending March 31.

Sales collapses 27 percent compared to the previous year, down to ¥67 billion ($728 million).

The publisher, however, said to “expect a sharp rebound” in the next year thanks to the launch of “major titles”.

Specific games expected to aid a resurgence weren’t mentioned.

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