“Swordcanes strength lies in 3D computer graphics production technology in consumer home video game development and the studio has carried out work on major Capcom titles in the past. As such, Capcom decided to make the studio its wholly-owned subsidiary to sustainably bolster its developmental and technological capabilities,” a press release indicates.
Capcom’s acquisition of Swordcanes includes the head office at D’s VARIE Kanda Bldg., 5F, Kanda Nishifukudacho 4, Chiyoda-ku, Tokyo and the staff. Capcom paid ¥8 million, and Swordcane has been in business since May 2018.
Capcom published its financial results for the first half of this year. The company’s overall net sales were up 74 percent to ¥43.9 billion.
Recent releases like Street Fighter 6 have bolstered sales this year, selling over two million copies within a month.