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Capcom has issued a dire financial forecast, warning investors that profits for
the year will be about half of previous projections, reports
MCV. They blame "drastic changes in the industry’s market environment," the
"concentration of AAA titles in the hands of few foreign competitors," and their
"delayed response to the shift to digital media in the Home Video Games
business" as contributing factors. They also place blame on outsourced
development, which always seems like a good idea at the time, as they cite a
"decline in quality of titles outsourced to overseas developers," which is
inspiring a shift to internal sources in the future. They also imply that some
current game projects will be cancelled, saying "work in progress in game
software" is being "strictly re-evaluated for business restructuring."
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