Capcom Raises FY2026 Forecast and Dividend

by Greg Martin

Capcom has announced an upward revision to its financial outlook for the fiscal year ending March 31, 2026, citing stronger than expected performance across its business segments. The company also confirmed an increase to its dividend forecast, reflecting improved profitability and continued growth in its core operations.

According to the updated figures, Capcom now expects net sales of ¥195,300 million, up from its previous forecast of ¥190,000 million. Operating profit has been revised to ¥75,200 million from ¥73,000 million, while ordinary profit is projected to reach ¥74,100 million, compared to the earlier estimate of ¥70,000 million. Net profit attributable to shareholders is now expected to come in at ¥54,500 million, marking an increase from the prior forecast of ¥51,000 million. Earnings per share are also projected to rise to ¥130.29.

The company attributes this improved outlook largely to its Digital Contents division. The latest entry in the Resident Evil series, Resident Evil Requiem, performed strongly following its release in the fourth quarter, receiving positive reception worldwide. In addition, catalog titles from Capcom’s major franchises continued to generate steady sales. Other segments, including Arcade Operations and Amusement Equipments, also contributed positively to overall performance.

Capcom also noted a significant year-on-year increase in its non consolidated estimates, even though it does not formally disclose such forecasts. Compared to the previous fiscal year, the company expects net sales to reach ¥184,000 million, up from ¥161,208 million. Operating profit is estimated at ¥70,800 million, compared to ¥63,371 million previously, while net profit is projected to grow to ¥51,000 million from ¥45,565 million. These gains are driven by the same factors supporting the revised consolidated forecast.

Alongside its financial update, Capcom has raised its dividend forecast for the fiscal year. The company now plans to issue a year end dividend of ¥25 per share, an increase of ¥5 from its earlier projection of ¥20. Combined with the interim dividend of ¥20, this brings the expected full year dividend to ¥45 per share. The revised payout corresponds to a projected dividend payout ratio of 34.5 percent.

Capcom stated that returning value to shareholders remains a priority, with a policy targeting a consolidated payout ratio of around 30 percent while maintaining investment for future growth. The updated dividend plan will be presented for approval at the company’s general shareholders meeting scheduled for June 2026.

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