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Capcom Profits Up, Square Enix Outlook Down

Gamasutra reports Capcom's year-over-year profit is up 58.4% for the first half of its 2010 fiscal year, saying this comes "on the back of above-expectations game sales, particularly in Japan." In other financial news, GamesIndustry.biz states Square Enix has revised its 2010 fiscal year financial forecast, lowering its estimated first-half profit by 65%. They say: "The company blamed a number of 'special factors' for the forecast revision, including an unfavourable exchange rate and the cost of premium severance packages for staff laid off."

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