Capcom Announces Upward Revision For Earnings Forecast Following Favorable Dragon’s Dogma 2 Sales

25.04.2024 - 16:03 / wccftech.com / Aernout van de Velde

Publisher Capcom has announced that it's raising its yearly earnings forecast following better-than-expected game sales.

Capcom announced the news through an official press release earlier today. According to the publisher, the performance of the recently released Dragon's Dogma 2 as well as that of Street Fighter 6 and the ongoing popularity of past titles from major series, has made Capcom decide to raise its sales forecast for its fiscal year that ran through March 31, 2024. "Based on recent operational results, Capcom Co., Ltd. (Capcom) has revised the full-year consolidated earnings forecast for the year ended March 31, 2024 (April 1, 2023 – March 31, 2024) that was announced on May 10, 2023", the publisher writes in its press release.

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Capcom added, "In our core Digital Contents business, in addition to Street Fighter 6, the latest title in the Street Fighter series, being met with broad acclaim globally, Dragons Dogma 2 was released in the fourth quarter and has performed favorably. Further, sales grew for catalog titles consisting primarily of past titles from major series due to their steady popularity. Altogether, this has led us to expect earnings for this business to exceed our plan."

Although not directly mentioned, likely, the ongoing popularity of the Resident Evil games has also played a part in the stronger-than-expected sales over the past year. Back in July of last year, we reported that Resident Evil 4 Remake sales surpassed 5 million units in less than four months. Several months later, Capcom revealed that global Resident Evil sales had surpassed 150 million units worldwide with Resident Evil 4 Remake sales surpassing 5.5 million units, Resident Evil 2 Remake sales exceeding 13 million, and Resident Evil 3 Remake sales surpassing 8 million units globally.

Released last month across PC and current-gen consoles, sales for Dragon's Dogma 2 have already surpassed 2.5 million units worldwide. "Since the release of the first game in 2012, the series garnered praise worldwide for gameplay features such as its "pawn" adventure companions who can carry out actions on their own, leading the series to exceed 10 million units sold cumulatively", Capcom wrote last month.