Capcom sequels lead to cutting earning forecasts

The ‘substantially underperforming’ Lost Planet 2already to blame for low April-June quarter earnings — has caused Capcom to lower its earning forecast for the last six months.

The company has cut (via) its April-September 2010 net income forecast by a whopping 41 percent — from 2.9 billion yen (approx. $34.8 million USD) to 1.7 billion yen ($20.4 million) — while the full year remains a bit more rosy; instead of 8 billion yen ($96.1 million), the company now believes it’ll finish the fiscal year (ends March 31, 2011) with a net income of 6.5 billion yen ($78 million).

On top of lower-than-expected overseas performance of “flagship title” Lost Planet 2, Capcom points to the one month delay of Dead Rising 2 as the culprit.

“In addition, the rapid increase in the yen’s value relative to the U.S. dollar and euro has reduced sales and operating income,” the report also reads.

On the brighter side, Sengoku Basara Samurai Heroes and Monster Hunter Diary: Poka Poka Airu Village, and other unnamed titles, are said to have enjoyed “strong” sales in Japan.