We use cookies to provide you with a better experience. If you continue to use this site, we'll assume you're happy with this. Alternatively, click here to find out how to manage these cookies

hide cookie message
80,259 News Articles

Capcom Cites Smurfs' Village as 'Driving Force' in Financial Results

Capcom has reported its financial results for the six months ending September 30, and it's a mixed bag for the publisher. On the one hand, total revenue fell by 28.1% year on year from ¥40.7 billion ($535.2 million) to ¥29.2 billion ($384 million). Net profit, meanwhile, fell by 49.2% from ¥1.78 billion ($23.41 million) to ¥906 million ($11.91 million). The publisher blames the decline on slumping stock prices, the strong yen, power shortages in Japan and the rise of new platforms in the mobile and social network spaces.

Capcom's Mobile Content division saw much better results than much of the rest of the company, with the department's total revenue climbing by 89% to ¥2.58 billion ($33.93 million). Capcom attributes this large increase to the popularity of its freemium The Smurfs' Village game, available for Facebook, iOS and Android, referring to the title as "the driving force" behind its financial results, according to GI.biz.

Capcom also noted that Resident Evil: The Mercenaries 3D for 3DS and Monster Hunter Freedom 3 HD for PS3 were strong performers for its Consumer Online Games division.

Looks like all those DLC packs and rereleases of fighting games might not be the moneyspinner they seemed to be, then -- free to play titles are, apparently, where it's at.

This article originally appeared on GamePro.com as Capcom Cites Smurfs' Village as 'Driving Force' in Financial Results


IDG UK Sites

Windows 10 release date, price, features. The next version of Windows will run on everything:....

IDG UK Sites

Windows 9 and the death of the OS as a must-have product

IDG UK Sites

Video trends: 4K is here – HDR video, VR and 3D audio is coming

IDG UK Sites

How Windows 10 is even more like Mac OS X, and not just because it's another OS Ten