Capcom (9697) Q1 2026 earnings summary

Executive summary

• Revenue and profit increased across all business segments in Q1, with strong unit sales for both new and catalog titles year-over-year.

• Net sales rose 53.7% year-over-year to ¥45,502 million for the quarter ended June 30, 2025, with operating profit up 90.8% to ¥24,597 million and profit attributable to owners of parent up 72.8% to ¥17,238 million.

• Growth was driven by strong digital content sales, new game releases, and expansion in global markets, alongside continued investment in human capital and brand value initiatives.

• Amusement Equipments business delivered favorable results, and progress toward the full-year plan is on track.

Financial highlights

• Q1 net sales were ¥45.5 billion, up 54% year-over-year; operating profit reached ¥24.5 billion, up 91%.

• Net profit attributable to owners was ¥17.2 billion, up 73% year-over-year.

• Gross profit increased to ¥31,006 million from ¥18,497 million year-over-year, with gross margin improving significantly.

• Basic and diluted EPS rose to ¥41.21 from ¥23.85 year-over-year.

• Comprehensive income reached ¥16,596 million, up 30.9% year-over-year.

Outlook and guidance

• Full-year net sales forecast is ¥190 billion, up 12% year-over-year.

• Operating profit guidance is ¥73 billion, up 11% year-over-year.

• Digital Contents unit sales target for the year is 54 million units.

• Dividend forecast unchanged at ¥40.00 per share for the fiscal year ending March 31, 2026.