Capcom Cuts Profit Forecasts, Axes Games In Progress

Capcom has announced a whopping £46 million restructure bill that will see many internal projects canned before they’re even announced, mainly because of “delays in responding to the digital contents and the resulting inability to address market needs,” according to official statements.

Halving its projected profit forecasts because of the restructure, the publisher has also cancelled several Western games because they’re “no longer compatible with the current business strategy” and has vowed to move away from outsourcing games, instead opting to “strengthen digital strategies” and “raise game quality by moving more game development in-house.”

Capcom has targeted sales of £650 million for the current financial year, suggesting something rather big is around the corner.

“In view of the sudden and significant changes in the operating environment of the digital contents business,” the publisher said today, “Capcom reviewed its business expansion strategy for the sector and restructured its game development organization.”

Capcom’s French-developed Remember Me is still expected to be released soon.

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6 Comments

  1. I find myself buying so few Capcom games it’s untrue and they’ve been around forever and a day! Still, good to see them getting their house in order as if they go out of business, that’ll be pretty bloody serious and a decent-sized psychological blow to the industry.

    • They’ve had so many great games on the PS2, GC etc etc but this gen Capcom has been a bit disappointing retail wise. Bit too much western shootery stuff for my tastes though Lost Planet was nice.

  2. Hope one of the canned games isn’t Strider…..

  3. I keep forgetting Remember Me (oh the irony) is published by Capcom because I’m actually interested in the game, unlike anything else Capcom has released in the last few years…

  4. “Cancelled several Western games because they’re “no longer compatible with the current business strategy” and has “vowed to move away from outsourcing games”

    So I guess DmC: Devil May Cry 2 has been binned.

  5. Capcom have went right downhill in the last few years IMO.

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