Capcom (9697) Q2 2026 earnings summary

Executive summary

• Achieved record-high sales and operating profit for the first half, with net sales of ¥81.15 billion, up 43.9% year-over-year, and profit attributable to owners of parent of ¥27.51 billion, up 80.1% year-over-year, marking the highest-ever total and catalog unit sales for a first half period.

• Digital content business saw record sales volumes, with 23.85 million units sold globally, driven by robust repeat sales and anticipation for new releases.

• Amusement facility and equipment businesses posted increased revenue and profit, supported by new store openings, strong IP utilization, and significant launches such as Devil May Cry 5 Stylish Tribe.

• Expanded global brand value through new game releases, esports, media initiatives, and major presence at events like the Osaka-Kansai Expo and Tokyo Game Show 2025.

• Focused on investing in human capital and enhancing social contribution activities, including Expo participation.

Financial highlights

• Net sales: ¥81.15 billion, up 43.9% year-over-year; operating profit: ¥39.33 billion, up 89.8%; ordinary profit: ¥36.54 billion, up 76.5%; net income attributable to parent: ¥27.51 billion, up 80.1%.

• Digital Contents segment net sales reached ¥49.85 billion, up 25.3% year-over-year, with operating profit of ¥31.38 billion, up 52%.

• Amusement Equipments net sales surged 378% year-over-year to ¥15.19 billion, with operating profit of ¥9.08 billion.

• Arcade Operations net sales were ¥12.45 billion, up 13.3% year-over-year, with operating profit of ¥2.02 billion, up 21.1%.

• Gross profit increased to ¥52.87 billion from ¥33.35 billion year-over-year; gross margin for H1 was 65.1%.

Outlook and guidance

• Full-year forecast for fiscal year ending March 31, 2026, remains unchanged: net sales of ¥190.0 billion (+12.0% YoY), operating profit of ¥73.0 billion (+11.0% YoY), and profit attributable to owners of parent of ¥51.0 billion (+5.3% YoY).

• Annual dividend forecast is ¥40.00 per share, with no revision to the full-year plan as H1 progress is in line with expectations.

• Aims to continue launching new titles and expanding repeat sales to achieve record profits.