Capcom says it’s on track to achieve its earnings forecast for the year, and that all of its business segments outperformed its plan in the most recent quarter.
The Monster Hunter publisher reported its financial results for the three months ended June 30, 2024, and said that it was on track, despite net sales (down 32.5%) and operating income (down 46.4%) both being significantly down year-over-year.
The company attributed the year-over-year decline to the release of Street Fighter 6 last June, and noted that its releases are heavily stacked towards the second half of its financial year, which ends in March 2025.