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Capcom profits drop in Q1 with lack of big releases from publisher

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Capcom's profits dropped by 37 percent in this first quarter to 828 million yen (roughly $8.4 million) according to its latest financial results — something the company expected during a period lacking any major releases.

The publisher recorded net sales of 17.4 billion yen (or $178.7 million), down 6.2 percent compared to the same period last year. Similarly, performance of its games sector fell by 9.4 percent with operating profits down by 82.4 percent.

Resident Evil Revelations and Dragon's Dogma: Dark Arisen achieved projected sales, according to Capcom, while Monster Hunter Frontier G performed steadily. Capcom also successfully made headway in breaking the Taiwan market with browser game Onimusha Soul, while Smurfs' Village has provided stable income.