Capcom

Resident Evil, Devil May Cry sell sluggishly, Capcom to miss fiscal 2012’s financial targets

Resident Evil, Devil May Cry sell sluggishly, Capcom to miss fiscal 2012’s financial targets

The more companies release their fiscal reports and yearly sales forecasts, the worse things seem. Capcom now joins EA, Square Enix, and GameStop in revising its future operations after numbers failed to meet their initial targets.

Resident Evil 6, for example, was downgraded in December of last year from a projected 7 million sales to 5 million. Capcom's current report suggests that, while sales are trending close to the revised forecasts, they're still a bit short: Resident Evil 6 is pegged at 4.9 million, while DmC is at 1.15 million - short of the 1.2 million revised December forecast, and even farther away from the original 2 million projection.

Capcom has blamed these disappointing sales on a “decline in quality due to excessive outsourcing,” which seems odd, considering the Capcom-developed Resident Evil 6 has a lower Metacritic score (the highest for the game is the PS3 version, with 74), compared to the more favorably reviewed Ninja Theory-developed DmC (which holds between 85 on PS3 and PC, and 86 on Xbox 360; the game also earned our praise quite easily). 

More bad news is on the way as well. Capcom warned investors about an incoming “special loss” of 7.2 billion yen (or $73 million USD) due in part to “losses resulting from the discontinuation of development of certain titles outsourced overseas that are no more compatible with the current business strategy.” Remember Me and Lost Planet 3 are being developed by Europe-based and North America-based teams, so what this means for them is hard to say, but Capcom is certainly struggling.

You can read the entire Capcom report here.