Capcom has posted a special loss of ¥7.2 billion ($73.3 million USD) due to cancellations of titles in development. In response, Capcom has dropped its forecasted profit from ¥6.5 billion ($66.2 million USD) to ¥2.9 billion ($29.5 million USD). According to information sent to Capcom investors, the drop is due to excessive outsourcing of low quality games, a slow response to expanding digital markets and poor coordination from its marketing and development divisions.
Specifically, the investor report mentions a "decline in quality of titles outsourced to overseas developers" as its major issue. For this reason, Capcom has cancelled current projects that had been outsourced to third parties, due to an internal review determining that these games are incompatible with the company's new focus.
To improve, Capcom will use a three-pronged plan: Move game development in-house to increase quality, strengthen their digital strategies and improve coordination within the marketing and development divisions.
Source:
gamrreview.com/news/89974/…Related Brainwaves
-
29th November
Apollo Justice: Ace Attorney hack cheats android ios download
Download Link: http://www.gamecheatsandcodes.online/aceattorney/ Download Link WebSite: https://www.linkedin.com/pulse/apollo-justice-ace-attorney-hack-cheats-android-ios-download-islam?published=t Apollo...
-
12th May
Monster Hunter Generations Launches in the West in July, Special 3DS Revealed
Capcom has announced that Monster Hunter Generations will be launching in North America and Europe on July 15th for the Nintendo 3DS. A 'New Nintendo...
-
9th May
Street Fighter V Shifts 1.4 Million Copies
Capcom has announced that it has shipped 1.4 million copies of Street Fighter V, as of March 31st. The figure, which includes both retail copies and digital...
-
2nd April
Hidetoshi Ishizawa Leaves Capcom and Joins SNK
While the name Hidetoshi Ishizawa may not be familiar to many, his nickname Neo_G should be much more recognizable. Back in January Ishizawa left Capcom...
-
1st April
Capcom Establishes Mobile Business Division, Plans Monster Hunter & Mega Man Titles
Capcom has announced the creation of a “Mobile Business Division” within the company, which will produce mobile titles using some of the company's...
Trending Articles
-
21st September
Rumour: New Planet Found in Destiny's Source Code
Gamers have found a new player vs player playlist and a new planet buried in Destiny's source code. The playlist is called Tales of Osiris and will take...
-
16th October
Game-Breaking Glitch Discovered in Pokemon X & Y
Pokemon X & Y released worldwide on Saturday to the joy of millions - 4 million of whom purchased the game within the first two days. However, some of...
-
28th November
Tips and/or tricks for Glory of Generals
These are some tips and/or tricks that almost everyone can use for Glory of Generals. 1. Upgrade your Commander first. The Commander is very important...
-
6th January
Best RPG of 2014
When it comes to video games with deep stories, huge open worlds, and complex battle systems, nothing comes close to the RPG. Few genres are more diverse...
-
25th July
No cutscenes or story in Super Smash Bros. Wii U?
The next installment of the Super Smash Bros series is in development. Ever since a few days ago, people were excited to see it. Now, fans of the series...
-
18th June
Miyamoto says "He feels that he has made a bad game"
Legendary Game Designer Shigeru Miyamoto has told Kotaku that he feels that he made a bad game. Shigeru Miyamoto is famous for games like Metroid, Star...