Capcom, the renowned gaming company, has recently made significant revisions to its full-year consolidated earnings forecast following the successful launches of Dragon’s Dogma 2 and Street Fighter 6. In a new press release, the company announced an increase in the net income forecast from 40 to 43.3 million yen for the year ending March 31st, 2024. Additionally, Capcom stated that the full-year dividend forecast is set at ¥70 per share.
While the forecast attributes part of the growing profits to catalog titles, it emphasizes the favorable performance of Dragon’s Dogma 2. Despite facing initial backlash over microtransactions, the game managed to sell 2.5 million units by the first week of April 2024. This spike in sales underscores the effectiveness of Dragon’s Dogma 2 in the gaming market.
Street Fighter 6, another highly anticipated title from Capcom, received solid critic reviews and average user ratings on platforms like Metacritic. The success of both Dragon’s Dogma 2 and Street Fighter 6 has contributed to Capcom's optimistic outlook for the future.
Looking ahead, it remains to be seen whether Capcom will explore further releases in the Dragon’s Dogma series or venture into new titles. The 45th Ordinary General Meeting of Shareholders scheduled for June 2024 may shed more light on the company's future plans.
Notably, Capcom also announced plans to increase the starting salary for new graduate hires starting in Fiscal Year 2025. Furthermore, both current employees and new hires in fiscal year 2024 can expect a special payment, reflecting Capcom's commitment to investing in its workforce.
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