Capcom's stock fell 9.5% after Q1 FY2025 report revealed sharp drop in Monster Hunter Wilds sales

Capcom’s share price in Japan nosedived on the 31st of July after the company released its financial report for Q1 FY2025. The new report marked declining sales for its recently released Monster Hunter Wilds title.

Capcom’s stock closed at ¥4,284 on the Tokyo Stock Exchange on July 30 before opening considerably lower the next day. The company’s stock plummeted as much as 9.5% lower with session lows of ¥3,856 when markets opened the next day, before trading approximately 2% higher the following day.

Despite Capcom reporting an impressive 53.7% year-on-year increase in net sales and a 90.8% boost in operating profit for the Q1 ending on June 30, 2025, the company reported “soft” sales of Monster Hunter Wilds which may have raised concerns about the stickiness for what is one of the publisher’s leading IP offerings in terms of revenue.

Capcom’s flagship title moved 447,000 units from April to June, a sharp decline from the initial 8 million units in the first 10 days and over 10 million in the first month. This means Capcom has shipped 10.585 million units so far, which is a far cry from its explosive debut in February 2025. Still, Monster Hunter Wilds remains Capcom’s fastest-selling game and one of the best-selling titles of 2025.

To put things into perspective, Monster Hunter Rise sold 389,000 units in the same period, almost going toe-to-toe with Monster Hunter Wilds’ sales figures. Capcom acknowledged the steep decline in its report and stated:

“Regarding catalog titles, although sales were soft for Monster Hunter Wilds, the latest title in the series released in February this year, Monster Hunter Rise, a previous title in the same series, continued to see growth.

Moreover, following the announcement of the latest title in the flagship Resident Evil series in June, sales of titles in the same series continued to grow, led by Resident Evil Village and Resident Evil 4.

Additionally, efforts to enhance brand value through building wider awareness of the Company’s IPs resulted in strong sales of Devil May Cry 5 and other titles, driving the sales of catalog titles to 13.36 million units, up from the 9.26 million units sold in the same period of the previous year.”

Monster Hunter Wilds currently ranks 9th among Capcom’s top-selling titles in this Q1 FY2025. This sharp decline in sales is at least partially attributed to persistent performance issues on PC due to the use of Capcom’s older RE Engine. According to SteamDB, the game currently has a 47.57% “Overwhelmingly Negative” user score, with 140,845 negative reviews out of 268,325 on Steam.

Capcom recently announced on X that endgame content slated for September’s Tile 3 Update will arrive sooner than expected. Players can expect Title 3 Update to arrive on August 13 as part of the upcoming Patch 1.021. The new update will introduce new quest difficulties and weapon balancing, but the company has yet to fully address performance optimization.

While Capcom has seen a strong financial year overall, investors have been rattled by Monster Hunter Wilds’ sales slump as the gaming community vents its frustration over the game’s optimization issues.