Capcom FY14 forecast notes slower growth in mobile

Capcom has released an English translation of quarterly financial results, noting the mobile market has stalled for the developer, and that it plans to concentrate on business areas with "sustained growth" for FY14.

The firm attributed the lull to the variety of devices available on the market along with certain genres waning in popularity.

"The main reasons are the fact that the market has stalled somewhat as a result of the diversification of devices and waning popularity for certain genres of games, and a slowdown in the pace of hit products being launched in the fiscal year ended March 2013," said the firm.

"That said, we are concentrating our efforts on business areas with sustained growth through the introduction of newly created social games and the promotion of diversification in platform games in the current fiscal year ending March 2014."

Thanks, GI International.