Company is "on track" to meet full-year forecast, driven by the success of new IP and catalogue titles. Capcom reports an 81% surge in Q1 ordinary profit to $252.5 million, fueled by strong sales of Pragmata and Resident Evil titles.
Capcom has reported an 81% increase in Q1 ordinary profit to $252.5 million, with strong sales of Pragmata and Resident Evil titles fueling the growth. The company remains confident in achieving its full-year forecast of $1.3 billion in net sales and $367.5 million in net income.
During the quarter, Capcom saw a significant rise in various financial metrics, including a 54.7% increase in net sales, a 66.9% increase in operating profit, and an 81.1% increase in ordinary profit. The company's Digital Earnings segment played a key role, driving an 83% surge in net sales and an 87.5% increase in operating profit.
Total unit sales for the quarter exceeded 23.81 million, with Pragmata selling over 2.5 million units globally. Resident Evil Requiem surpassed 8 million units sold, while Devil May Cry 5 achieved 14 million units in cumulative sales. Capcom's catalogue titles saw a total of 21.26 million unit sales, marking a significant increase from the previous quarter.