Capcom experienced a significant increase in net sales and operating income during the first quarter of the 2023-2024 financial year, according to their latest quarterly report. This growth comes after a decline in the same period last year. The success can be attributed to the release of Resident Evil 4 and Street Fighter 6.

The company is optimistic about its future performance, projecting a further increase in net sales by March 2024. Additionally, Capcom’s assets have seen a slight increase.

Mobile’s Role in Capcom’s Financial Performance

As we previously mentioned, Capcom’s mobile segment has played a relatively small role in its financial success. However, the upcoming release of Monster Hunter Now could change that. Being co-developed with AR giant Niantic, this game may serve as a litmus test for future mobile releases.

While Capcom has seen success with mobile adaptations of its IPs by third-party developers, the release of Monster Hunter Now may encourage the company to focus more on mobile development in the future. Investors are already showing confidence in Capcom’s future success as the company’s share price has risen in anticipation of the game’s launch.