Jul
29
2010

Capcom’s Profits Plummet, Lost Planet 2 ‘Substantially’ Disappoints

Poor console game sales and a strong yen continue to challenge Capcom. After closing 2009 with a 73 percent profit drop, its results for the fiscal first quarter ended June 30 were also weak, with profits down 90 percent to 2.2 billion yen ($25.3 million). Sales fell 2.4 per cent to 19.03 billion yen ($217.7 million). While in its game segment alone (Capcom has multiple businesses, including arcade operations) sales were slightly up, it had …

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Capcom’s Profits Plummet, Lost Planet 2 ‘Substantially’ Disappoints

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