Capcom six-month profits down 40%

By Patrick Garratt
28 October 2010 10:23 GMT



Capcom said this today that profits dropped 40 percent for the six-month period ending September 30, 2010.

Large Dead Rising 2 sales helped the publisher push revenue up 4.7 percent for the period year-over-year, however.

The publisher took ¥40.7 billion ($499 million) for the six months ending September 30 2010, compared to ¥38.9 billion ($476 million) from the first financial half of 2009.

Net profit fell 39.9 percent to ¥1.8 billion ($21.86 million) from ¥2.98 billion ($36.35 million) for the same period last year.

Capcom said this morning that it’s now shipped 2 million Dead Rising 2 units, and that franchise sales now stand at 4 million.

The firm admitted that “overall sales remained stagnant due in part to the delay in the release of Dead Rising 2, in addition to the sharp appreciation of the yen and the substantial underperformance of Lost Planet 2 relative to projections.”

Thanks, GI.

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