{"id":20487,"date":"2022-10-26T15:17:11","date_gmt":"2022-10-26T06:17:11","guid":{"rendered":"https:\/\/www.capcom.co.jp\/ir\/news\/html\/.html"},"modified":"2022-11-04T15:13:50","modified_gmt":"2022-11-04T06:13:50","slug":"e221026c","status":"publish","type":"post","link":"https:\/\/www.capcom.co.jp\/ir\/english\/news\/html\/e221026c.html","title":{"rendered":"Capcom Announces Revision of Consolidated Full-Year Earnings Forecast and
Variances Between its Non-Consolidated Estimated Earnings and the
Previous Fiscal Year\u2019s Actual Results<\/strong>"},"content":{"rendered":"\n
\n

Capcom Co., Ltd. (Capcom) resolved at the Board of Directors meeting held today to revise its full-year consolidated earnings forecast for the year ending March 31, 2023 (April 1, 2022 \u2013 March 31, 2023) that was announced on May 11, 2022, based on recent operational results. Further, while the company\u2019s non-consolidated earnings forecast is not disclosed, it expects a variance between its non-consolidated estimated earnings and the actual results of the previous fiscal year. Details are as follows.<\/p>\n\n\n

1. Regarding revisions to the earnings forecast<\/h4>\n

i. Revisions to the consolidated forecast for the fiscal year ending March 31, 2023
\n(April 1, 2022 to March 31, 2023) <\/h5>\n\n\n\n\n

(million yen)<\/p>\n

\n
\n\t

Scroll horizontally to view<\/p>\"Scroll\"\n <\/div>\n<\/div>\n\n\n\n\n\n\n\n\n\n
 <\/th>\nNet sales<\/th>\nOperating income<\/th>\nOrdinary income<\/th>\nNet income attributable to owners of the parent<\/th>\nEarnings per share (yen)<\/th>\n<\/tr>\n<\/thead>\n
Previous forecast (A)<\/th>\n120,000<\/td>\n48,000<\/td>\n48,000<\/td>\n34,500<\/td>\n164.09<\/td>\n<\/tr>\n
Revised forecast (B)<\/th>\n125,000<\/td>\n50,000<\/td>\n50,000<\/td>\n36,500<\/td>\n173.60<\/td>\n<\/tr>\n
Variance (B) – (A)<\/th>\n5,000<\/td>\n2,000<\/td>\n2,000<\/td>\n 2,000<\/td>\n–<\/td>\n<\/tr>\n
Variance (%)<\/th>\n4.2<\/td>\n4.2<\/td>\n4.2<\/td>\n5.8<\/td>\n–<\/td>\n<\/tr>\n
(Reference)
Previous year’s results
\n(FY ended Mar. 31, 2022)\n<\/th>\n		110,054<\/td>\n42,909<\/td>\n44,330<\/td>\n32,553<\/td>\n152.48<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n\n
ii. Reason for the revision<\/h5>\n

In our core Digital Contents business, the June release Monster Hunter Rise: Sunbreak<\/em> (for Nintendo Switch, PC) garnered steady popularity and significantly contributed to earnings during the consolidated six months of the current fiscal year. Further, in addition to increasing awareness of the company\u2019s IP and capturing new fan demographics through active promotions, growing catalog title sales\u2014primarily past series titles\u2014drove up earnings due to the synergetic effects of ongoing new title sales in major series with discounting.<\/p>\n\n

Additionally, in the Amusement Equipments business, we released Shin Onimusha 2<\/em> in August, which performed well following a favorable reception in the market, and moreover we also shipped Biohazard RE:2<\/em> in September, which then began operating on October 3, all of which greatly contributed to earnings.<\/p>\n\n

Altogether, this has caused business results during the consolidated six months of the current fiscal year to make favorable progress, while foreign currency effects created an upswing in revenue, exceeding our initial plan.<\/p>\n\n

As a result, regarding the consolidated earnings forecast for the year ending March 31, 2023 and having considered factors such as our sales plan for the second half of the fiscal year and foreign currency effects, we expect net sales, operating income, ordinary income, and net income attributable to owners of the parent to all surpass our previously announced forecast.<\/p>\n\n

At the time of this full-year consolidated earnings forecast revision, there has been no subsequent change to the dividend forecast.<\/p>\n\n\n\n

2. Regarding variances between non-consolidated estimates and the previous fiscal year\u2019s actual results<\/h4>\n\n
i. Variances between non-consolidated estimated earnings for the fiscal year ending March 31, 2023 and the previous fiscal year\u2019s actual results
\n(April 1, 2022 to March 31, 2023)<\/h5>\n

(million yen)<\/p>\n\n\n\n\n

\n
\n\t

Scroll horizontally to view<\/p>\"Scroll\"\n <\/div>\n<\/div>\n\n\n\n\n\n\n\n\n
 <\/th>\nNet sales<\/th>\nOperating income<\/th>\nOrdinary income<\/th>\nNet income<\/th>\nEarnings per share
(yen)<\/th>\n<\/tr>\n<\/thead>\n
Previous year’s results (A)
(FY ended Mar. 31, 2022)<\/th>\n		101,628<\/td>\n40,173<\/td>\n40,864<\/td>\n29,289<\/td>\n137.19<\/td>\n<\/tr>\n
Current year’s estimate (B)<\/th>\n120,000<\/td>\n48,000<\/td>\n48,000<\/td>\n34,300<\/td>\n163.14<\/td>\n<\/tr>\n
Variance (B) – (A)<\/th>\n18,372<\/td>\n7,827<\/td>\n7,136<\/td>\n5,011<\/td>\n–<\/td>\n<\/tr>\n
Variance (%)<\/th>\n18.1<\/td>\n19.5<\/td>\n17.5<\/td>\n17.1<\/td>\n–<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n
ii. Reason for the revision<\/h5>\n\n

The reasons for the variances are the same as those for the revision to the consolidated forecast.<\/p>\n\n

Notes:<\/p>\n

1. Calculations for the average number of shares outstanding during the period used in determining earnings per share in the fiscal year ending March 31, 2023 include the treasury shares deducted from Capcom\u2019s stock and held by The Master Trust Bank of Japan, Ltd. (Stock Grant ESOP Trust Account 76744).<\/p>\n\n

2. The forecasts presented in this document are based on information that was available to the Company on the announcement date of this release and certain assumptions that are judged to be reasonable. Actual results may significantly differ from this forecast for a number of reasons.<\/p>\n\n\n\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Capcom Co., Ltd. (Capcom) resolved at the Board of Directors meeting held today to revise its full-year consolidated earnings forecast for the year ending March 31, 2023 (April 1, 2022 \u2013 March 31, 2023) that was announced on May 11, 2022, based on recent operational results. Further, while the company\u2019s non-consolidated earnings forecast is not disclosed, it expects a variance between its non-consolidated estimated earnings and the actual results of the previous fiscal year. Details are as follows.<\/p>\n","protected":false},"author":3,"featured_media":13429,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[942,932,936,928,940],"tags":[],"class_list":["post-20487","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-company","category-results","category-ir","category-news","category-top"],"acf":[],"aioseo_notices":[],"lang":"english","translations":{"english":20487,"ja":20479},"pll_sync_post":[],"_links":{"self":[{"href":"https:\/\/www.capcom.co.jp\/ir\/wp-json\/wp\/v2\/posts\/20487"}],"collection":[{"href":"https:\/\/www.capcom.co.jp\/ir\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.capcom.co.jp\/ir\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.capcom.co.jp\/ir\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.capcom.co.jp\/ir\/wp-json\/wp\/v2\/comments?post=20487"}],"version-history":[{"count":11,"href":"https:\/\/www.capcom.co.jp\/ir\/wp-json\/wp\/v2\/posts\/20487\/revisions"}],"predecessor-version":[{"id":20968,"href":"https:\/\/www.capcom.co.jp\/ir\/wp-json\/wp\/v2\/posts\/20487\/revisions\/20968"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.capcom.co.jp\/ir\/wp-json\/wp\/v2\/media\/13429"}],"wp:attachment":[{"href":"https:\/\/www.capcom.co.jp\/ir\/wp-json\/wp\/v2\/media?parent=20487"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.capcom.co.jp\/ir\/wp-json\/wp\/v2\/categories?post=20487"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.capcom.co.jp\/ir\/wp-json\/wp\/v2\/tags?post=20487"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}