Capcom hits record first quarter profits thanks to Monster Hunter Rise

Monster Hunter Rise continues to bring profits for Capcom, which hit a record high first quarter for the fiscal year ending March 2022. The record first quarter comes right after Capcom hit a fourth consecutive year of record-high profits.

During Q1 2022, Capcom recorded net sales of 43.4 billion yen (~$395.66 million) for an increase of 104.1% year-over-year. The operating income was 23.6 billion yen (~$215.2 million) to go up 120.4% compared to the same period in the previous fiscal year.

Capcom hits record first quarter profits thanks to Monster Hunter Rise

Capcom attributes the first quarter’s success to the release of a flagship title in Resident Evil Village and the continued sales of Monster Hunter Rise. Resident Evil Village has exceeded 4.5 million units since its launch in May. Monster Hunter Rise, which was released at the end of the previous fiscal year, has topped 7 million units. Total sales volume was 13.3 million units of console software sales during Q1 2022. That’s about 44.6% more compared to the same period last fiscal year. As a result, Capcom reached the highest net sales and the highest level of all profit items for a first quarter.

The forecast for the fiscal year ending March 2022 remains the same as projected in May. That’s 100 billion yen (~$919.66 million) in net sales and 42 billion yen (~$386.26 million) in operating income by the fiscal year ending on March 31, 2022.

Lastly, Capcom provided an updated look at cumulative unit sales of its top brands:

Capcom hits record first quarter profits thanks to Monster Hunter Rise

[Source]

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