Capcom sets new profit records for 9th consecutive year thanks to winning strategy

Capcom is on a roll as the company reports its ninth consecutive year of profit growth.

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FY25 was a big year for Capcom. The company sold nearly 60 million games, overshooting its sales target by over 7 million. Resident Evil 9 was a big driver of sales and the publisher leaned heavily on its treasure trove of yesteryear games, strategically discounting titles throughout the year to boost unit sales. As a result of these savvy practices, Capcom is reporting its best-ever year for earnings.

For the FY25 period, Capcom made 195.365 billion yen (about $1.2 billion) in net sales, up 15% year-over-year, with operating profit at 75.295 billion yen (about $500 million). This represents a ~38% operating profit margin, which is quite strong for a games company.

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"Capcom achieved record-high net sales, and for the ninth consecutive year, record-high profit at all levels. [This is] in addition to 10% or better operating profit growth for its eleventh consecutive year," Capcom wrote in its earnings report.

Capcom expects even bigger things for FY26. The company wants to sell 65 million games in the current fiscal year, which ends in March 2027, driven by a continuous flywheel cycle of transmedia and the steady transition of new content as it becomes a kind of evergreen classics goldmine for Capcom.

"Moving forward, for the fiscal year ending March 31, 2027, Capcom anticipates net sales of 210,000 million yen and operating profit of 83,000 million yen, which would result in ten consecutive years of record high profit at all levels and twelve consecutive years of 10% or better operating profit growth."