Capcom to unveil more iPhone titles

Thu May 21, 2009 2:12pm BST
 
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"We are still enjoying strong demand, very strong demand, that is," Abe said on Thursday. "In the single month of April, sales came to as many as 570,000 units."

Capcom posted an 11 percent jump in operating profit in the year ended March 31 as it enjoyed strong sales of "Resident Evil 5" and "Street Fighter IV" fighting game.

For the current financial year to March 2010, it forecast a 6 percent rise in operating profit to a record 15.5 billion yen

($164 million).

Abe said the company aims to drive its overseas sales by offering titles that appeal to the expanding U.S. and European markets but has no plans of pursuing acquisitions.

Seeking growth overseas is important for Japanese software publishers as the video game market is shrinking at home.

Square Enix Holdings Co Ltd (9684.T), creator of role-playing game series such as "Dragon Quest" and "Final Fantasy", which earlier this year bought British video game maker Eidos, said it too was not considering acquisitions for the time being.

"We aim to achieve 10 percent growth in sales and hit an operating margin of 15 percent each year. But acquisitions are not how we are going to do that, at least for now," Abe said.

"We plan to strengthen our own business first, and only after completing that process, we will think about things like acquisitions."   Continued...

 
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