Capcom Raises Forecast As Revenue Dips
Capcom announced, for the first six months ending 9/30/22, sales were down 30% to 49,067 million yen from the previous year period. Net income was down 27% to 16,142 million yen. Despite the decline, Capcom raised its forecast for the fiscal year ending 3/31/22 from 120,000 million yen to 125,000 million yen.
Analysis
Capcom is a relatively small Japanese publisher that has a long history in the video game business. The company has so.....