Tag Archives: fiscal year

Capcom Q1 Profits Down 6.2% From Last Year Citing Lack of Releases

Earlier today you may have noticed that RealGamerNewz released news pertaining to Nintendo and Take-Two Interactive financial reports which have been released for investors and public domain. Here are some highlights from Capcom’s financial report which has been released today.

Although Resident Evil Revelations (Review HERE) and Dragon’s Dogma: Dark Arisen have reportedly met their sales expectations for Capcom, a financial report released today from the Japan-based publisher notes a 6.2% drop in profits compared to the previous Q1 of last fiscal year. Capcom cites a lack of releases as the reason for this, and anticipates a huge increase in profits to come with the planned release of next-gen games including Dead Rising 3 exclusive to Xbox ONE coming out alongside next-gen systems this Holiday 2013. Investors may want to know the specific figure given by Capcom for net profit loss in Q1 of Fiscal Year 2014 is listed as 828 million yen which is equivalent to $8.4 million.

Editor’s Note: RealGamerNewZ has moved web servers, some older posts can no longer be commented on and have been preserved without their images. Thank you for your understanding in this matter. This article was written by Jon Ireson on 20130731 and was last modified on 20130731 .

Gamestop Reports $270 Million Loss for 2012

GameStop has announced today that for the business fiscal year of 2012 the corporation, which arguably makes most of their revenue through used game sales, has taken a loss of $269.7 million due to an expenditure of $680.7 million.

GameStop CEO Paul Raines made the following statement:

“While 2012 was a challenging year for console gaming, we focused on factors within our control. We expanded our market leadership position, maintained our financial strength and controlled our spending,” said CEO Paul Raines in a company statement. “Perhaps most importantly, we invested in our mobile and digital businesses to position the company for future success. These channels delivered as planned and significantly contributed to our highest ever gross margin and profitability.”

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Editor’s Note: RealGamerNewZ has moved web servers, some older posts can no longer be commented on and have been preserved without their images. Thank you for your understanding in this matter. This article was written by Jon Ireson on 20130328 and was last modified on 20130329 .