Capcom released their quarterly financial statement for Q1 2008, and, at the risk of getting all Wall Street Journal on ya, we're gonna tell you how it went for the Japanese company who brings you Street Fighter. In a nutshell, it was a good quarter.
Capcom announced that its sales for the quarter ending June 30, 2008 totaled 16,352 million yen (about US$151 million), up 14.5% from the same period last year; give credit to the Japanese release of Monster Hunter Freedom 2G. Net income increased 60.1%, totaling 2,382 million yen (US$22 million) compared to 1,130 million yen the previous year.
Secondary factors to the company’s growth included growing sales of catalog titles and spin-offs, the success of the Ace Attorney franchise on mobile phones, and a 124.6% increase in the operating income of Capcom’s character licensing royalty business.
The arcade operations division recorded a 73 million yen operating loss. Because people don't go to arcades so much anymore.