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About Rainier

PC gamer, WorthPlaying EIC, globe-trotting couch potato, patriot, '80s headbanger, movie watcher, music lover, foodie and man in black -- squirrel!

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Capcom Financial Results Show 57% Profit Drop

by Rainier on Feb. 5, 2009 @ 3:25 a.m. PST

Capcom announced its latest financial results revealing that net sales decreased 8.6% from the same term last year, operating income decreased to 57.2% compared to 2007, ordinary income dropped 67.7% and a whopping 95% less net income. The reason for the slacking performance is its weak arcade business, the rise of the yen's exchange rate, and not having the release of flagship titles until Q4 (Resident Evil 5 and Street Fighter IV).
Capcom announced its latest financial results revealing that net sales decreased 8.6% from the same term last year, operating income decreased to 57.2% compared to 2007, ordinary income dropped 67.7% and a whopping 95% less net income. The reason for the slacking performance is its weak arcade business, the rise of the yen's exchange rate, and not having the release of flagship titles until Q4 (Resident Evil 5 and Street Fighter IV).
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