Newsbrief: Today Capcom significantly revised its sales forecast for the current fiscal year ending March 2015, cutting its predicted year-end sales figure by 15 billion yen due to delays in launching new pachinko machines and "mid-range titles" in its Digital Contents business.
Digital Contents encompasses Capcom's video game business, and its failure to launch new titles led the company to report a significant drop in sales and profits in its last quarterly earnings report.
Capcom now expects to record sales of 65 billion yen at the close of its fiscal year, with profits of 6.8 billion yen.
That's actually a slight increase over the 6.6 billion in profits it previously expected to earn, and it's due primarily to the expected depreciation of the yen relative to other currencies.
No tags.
