April 17th, 2007

Press Release

Company Name Capcom Co., Ltd.
Representative Kenzo Tsujimoto, President & C.E.O.
(Company Code: 9697 Tokyo-Osaka Stock Exchange)
Contact Public Relations & Investor Relation Section
Phone Number +81-6-6920-3623

Revision of Earnings Forecast for the Fiscal Year Ending
March 31, 2007

Capcom Co., Ltd. hereby announces that it has revised its consolidated and non-consolidated earnings forecast for the fiscal year ending March 31, 2007, which was previously released on February 2, 2007 as follows:

1. Fiscal Year (From April 1, 2006 to March 31, 2007)

(Millions of Yen)
 Net SalesOrdinary IncomeNet Income
Previous Forecast (A)69,6008,0004,400
Revised Forecast (B)74,40010,1005,600
Change (B) - (A)4,8002,1001,200
Change (Percentage)6.926.327.3
(For Reference)
Year ended March 31, 2006
70,2537,0166,941



2. Fiscal Year (From April 1, 2006 to March 31, 2007)

(Millions of Yen)
 Net SalesOrdinary IncomeNet Income
Previous Forecast (A)55,7005,1002,600
Revised Forecast (B)55,7006,1003,100
Change (B) - (A) -1,000500
Change (Percentage) -19.619.2
(For Reference)
Year ended March 31, 2006
53,9255,6245,675


3. Reason for the revision
Net sales, ordinary income as well as net income are expected to exceed over the latest forecast made on February 2, 2007, due to the following reasons.
(1) Both of "Dead Rising" and "Lost Planet" for Xbox 360 are sold over 1 million on world-wide basis.
(2) "Monster Hunter Freedom 2nd" for PlayStation Portable is also sold over 1 million units in Japan.

Due to favorable growth in sales, both non-consolidated and consolidated financial results are expected more than our previous forecast made on February 2, 2007.

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