Capcom celebrated its 40th anniversary in June 2023, and with our slogan of "From Osaka to the world" we reaffirmed our commitment to delivering best-in-class entertainment to people while enriching their lives with vibrancy and vitality. Capcom capped off the fiscal year ended March 2024 with 11 consecutive years of increased operating income and record highs across all profit indicators for the seventh year in a row. As we have since the fiscal year ended March 2021, we will continue to pursue the management goal of achieving a 10% increase in operating profit each fiscal year and strive to enhance sustainable corporate value.
In the 2010s we aimed to establish a corporate structure that can secure stable profits and poured our efforts into a shift to digital sales, improved support for PCs, and analysis of sales data. These initiatives have led to significant growth, where operating income increased more than five times over the past 10 years. This success is due to a number of advantages unique to Capcom, including owning a wealth of popular IPs and possessing the development and technical capabilities to consistently produce high-quality entertainment.
Our goals for the next decade are: 1) to penetrate our brands to every corner of the world, 2) to rebuild and strengthen the business structure underpinning our sustainable growth, and 3) to continue building healthy relationships with our stakeholders.
Our titles are sold in more than 230 countries and regions worldwide. By further refining our sales data analysis, we aim to conduct more precise marketing and bolster our sales expansion. In addition, we will continue to invest in movies and videos as well as esports, and licensing to convey the world of our games to those who have never played them.
Sustainable growth requires investment in human resources. In addition to securing and nurturing talent, we aim to further enhance employees’ motivation and morale and will focus on creating the infrastructure and facilities necessary to continue developing top-quality game content. Furthermore, by actively working to release new titles we will strengthen our pipeline, which supports medium-to long-term revenue.
As we step up as a company, it is important to establish a sound corporate governance system. Our Board of Directors incorporates diverse perspectives, and to further enhance its effectiveness we will secure external directors, expand participation opportunities, and strengthen our supervisory functions.
Finally, to build healthy relationships with all stakeholders, we will continue to address common issues related to environmental and social issues. In response to challenges such as climate change, we are reducing our CO2 emissions and strengthening our information security, and in addition to our business activities, we will be exhibiting Monster Hunter Bridge at Expo 2025 Osaka, Kansai, Japan this year.
We will continue to accelerate these initiatives with the vision of becoming a company that captivates the world with best-in-class entertainment. By leveraging our strengths, we aim to create a world where everyone can enjoy our games with peace of mind through our business activities.
We humbly ask our stakeholders for their continued support as we pursue the creation of new value.
Kenzo Tsujimoto
Chairman and Chief Executive Officer (CEO)
Integrated Report
