Capcom has grown over the years by utilizing content in a multitude of ways on a global scale as a "company that stimulates your senses". We always aim for ambitious goals that look ahead to our next stage of growth.

Unfortunately, we had to lower the forecast for our performance in the current fiscal year, which ends in March 2013. In recent years, the game industry has undergone enormous changes. Driving these changes is the popularity of smartphones and tablets along with advances in the infrastructure for Internet access. To respond quickly to our increasingly diverse markets, we must rapidly analyze the reasons for this forecast revision and then take the necessary actions and establish new targets. I believe that my responsibility is to reexamine the framework for our operations and build an efficient organization that more closely reflects today's market conditions.

"Continuity and change" is one of my personal mottos.

"Continuity" means continuing to create "enjoyment" that no one else can match. "Change" means thoroughly analyzing why we were unable to achieve our goals despite our concerted efforts. Then we must pursue the ideal posture for Capcom that constantly reflects our current operating environment.

Every task demands overcoming difficulties. The spirit of "continuity and change" requires repeated trial-and-error in order to advance steadily step by step while always believing in yourself. Capcom is guided by a "resolute spirit" and a "dedication to growing and evolving" to reflect the rapid and dramatic shifts in our markets. We will use this spirit to make steady progress toward our goals.

Capcom will celebrate its 30th anniversary in 2013. I am very grateful for the support we have received from people worldwide over the past three decades. Capcom remains firmly committed to meeting the expectations of all stakeholders by continuing to be a source of innovative ideas and new values.

Chairman and Chief Executive Officer (CEO)
Kenzo Tsujimoto