|Capcom Q1 profits soar 300%, Dragon's Dogma passes 1m milestone|
|Posted: 30.07.2012 13:00 by Simon Priest||Comments: 0|
Japanese publisher Capcom is chuffed to bits as their Q1 earning show a dramatic 300% in profits as they pull in ¥1.3bn, which is around £11m. Dragon's Dogma flexed its might for them.
The new RPG IP has also surpassed a million unit sales, cementing it as a hit. Digital sales also rose as they posted ¥13.7bn (£111m). Capcom have noted a "recovery trend" for games.
You can put away those 'end is nigh' banners as Capcom believe our video games market is bouncing back thanks to Dragon's Dogma selling very well outside of Japan.
The social gaming space wasn't as robust for Capcom which is partly due to the banning of the 'complete gacha' mechanic in social titles by Japanese authorities. This mechanic would produce random items, often tied to micro transaction, in the hope of acquirer rare items. This was very bad, decided Japan.
Still Capcom did manage to accrue another 2 million registered users for their social gaming space, thanks to new releases and the continued rise of Smurf's Village.