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Capcom profits down 53.6%

Monster Hunter 3G the highlight of a relatively poor nine months

Capcom has reported a disappointing set of financials for the nine months ended December 31, 2011.

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Net income for the firm's first three quarters fell 52.6 percent to 3,242 million yen (£26.9m), while net sales dropped 29 percent to 50,270 million yen (£417.6m).

In the firm's flagship games business, sales declined 41.3 percent to 31,721 million yen (£263.5m), while operating income fell 54.1 percent to 5,943 million yen (£49.4m), "due in part to the reaction to the release of multiple flagship titles during the same term previous year".

The publisher said Monster Hunter 3G for 3DS sold over a million copies "to achieve its projected sales", while Ultimate Marvel Vs Capcom 3 and Dead Rising: Off the Record 'fared well mainly overseas'.

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