Capcom cuts profit forecast on Lost Planet 2 flop

"Large shortfall" in sales of the sequel hurts publisher's bottom line

Capcom has reduced its sales and profit forecast for the business year ending March 31, 2011, blaming a delay to the release of Dead Rising 2, the appreciation of the yen, and the disappointing performance of Lost Planet 2.


The publisher lowered its full year net sales guidance from 95 billion yen (£716.7m / $1.13b) to 91 billion yen (£686.5m / $1.1b), and its profit forecast from eight billion yen (£60.4m / $95.4m) to 6.5 billion yen (£49m / $77.5m).

"Capcom has been unable to offset the large shortfall in sales relative to the plan for the flagship title Lost Planet 2 that was released overseas in the fiscal year's first quarter," the firm said in a statement.

The publisher added that it saw "strong sales" of Japanese releases like Sengoku Basara: Samurai Heroes and Monster Hunter Diary Poka Poka Airu Village in the first half of its business year.

Last week Keiji Inafune, head of R&D and global production at Capcom, said that he "still believes" in Lost Planet as a franchise, although its future appears uncertain following the second game's poor performance.