{"id":9553,"date":"2021-10-12T17:22:23","date_gmt":"2021-10-12T08:22:23","guid":{"rendered":"https:\/\/www.capcom.co.jp\/ir\/?page_id=9553"},"modified":"2026-02-16T11:45:09","modified_gmt":"2026-02-16T02:45:09","slug":"devtop","status":"publish","type":"page","link":"https:\/\/www.capcom.co.jp\/ir\/english\/data\/oar\/2020\/devtop.html","title":{"rendered":"The Head of Development Discusses Strategy"},"content":{"rendered":"\n<div class=\"oarBnWrapper\">\n\t<div class=\"oarBnBody oar2020\"> \n<div class=\"fixedHeader\">\n\t<section class=\"fixedTop\">\n\t<div class=\"container\">\n\t<h1><a href=\"\/ir\/english\/data\/oar\/2020.html\"><img loading=\"lazy\" decoding=\"async\" src=\"\/ir\/english\/assets\/images\/data\/oar\/2020\/img_title01.svg\" alt=\"ONLINE INTEGRATED REPORT 2020\" width=\"397\" height=\"30\"><\/a><\/h1>\n\n\t<div class=\"ticker\">\n\t<img decoding=\"async\" src=\"\/ir\/assets\/images\/data\/oar\/2020\/img_title01-1.svg\" alt=\"CONNECTING HAPPINESS\">\n\t<\/div><!--\/\/ticker-->\n\n\t<\/div><!--\/\/container-->\n\t<\/section>\t<!--\/\/section-->\n\n\t<section class=\"globalnav\">\n\n\t<ul>\n\t<li><a href=\"\/ir\/english\/data\/pdf\/annual\/2020\/annual_2020_03.pdf\" target=\"_blank\">Value Creation Story (PDF)<\/a><\/li>\n\n\t<li><span class=\"openPopup\">CEO<br>Commitment<\/span>\n\t<div class=\"navPopup\">\n\t<div class=\"container\">\n\t<nav>\n\t\t<div class=\"unit\">\n\t\t<ul>\n\t\t<li class=\"txtB txt18\"><a href=\"\/ir\/english\/data\/oar\/2020\/ceo.html\">CEO Commitment (Top page)<\/a><\/li>\n\t\t<\/ul>\n\t\t<\/div>\n\t<\/nav>\n\n\n\t<nav>\n\t\t<div class=\"unit\">\n\t\t<ul> \n\t\t<li><a href=\"\/ir\/english\/data\/oar\/2020\/ceo.html#sec01\"><!--img src=\"\/ir\/data\/oar\/2017\/img\/Menu\/know_05.jpg\"><br-->1. Corporate philosophy and culture<\/a><\/li>\n\t\t<\/ul>\n\t\t<\/div><!--\/\/unit-->\n\n\n\t\t<div class=\"unit\">\n\t\t<ul> \n\t\t<li><a href=\"\/ir\/english\/data\/oar\/2020\/ceo.html#sec02\"><!--img src=\"\/ir\/data\/oar\/2017\/img\/Menu\/know_05.jpg\"><br-->2. Business model<\/a><\/li>\n\t\t<\/ul>\n\t\t<\/div><!--\/\/unit-->\n\n\n\t\t<div class=\"unit\">\n\t\t<ul> \n\t\t<li><a href=\"\/ir\/english\/data\/oar\/2020\/ceo.html#sec03\"><!--img src=\"\/ir\/data\/oar\/2017\/img\/Menu\/know_05.jpg\"><br-->3. Key performance indicators (KPI)<\/a><\/li>\n\t\t<\/ul>\n\t\t<\/div><!--\/\/unit-->\n\t<\/nav>\n\n\t<nav>\n\t\t<div class=\"unit\">\n\t\t<ul> \n\t\t<li><a href=\"\/ir\/english\/data\/oar\/2020\/ceo.html#sec04\"><!--img src=\"\/ir\/data\/oar\/2017\/img\/Menu\/know_05.jpg\"><br-->4. Management strategy<\/a><\/li>\n\t\t<\/ul>\n\t\t<\/div><!--\/\/unit-->\n\n\t\t<div class=\"unit\">\n\t\t<ul> \n\t\t<li><a href=\"\/ir\/english\/data\/oar\/2020\/ceo.html#sec05\"><!--img src=\"\/ir\/data\/oar\/2017\/img\/Menu\/know_05.jpg\"><br-->5. ESG<\/a><\/li>\n\t\t<\/ul>\n\t\t<\/div><!--\/\/unit--> \n\t<\/nav>\n\n\t<\/div><!--\/\/container-->\n\t<\/div><!--\/\/navPopup-->\n\t<\/li>\n\n\n\n\t<li><span class=\"openPopup\">Growth <br>Strategies<\/span>\n\t<div class=\"navPopup\">\n\t<div class=\"container\">\n\n\t<nav>\n\t\t<div class=\"unit\">\n\t\t<ul>\n\t\t<li class=\"txtB txt18\"><a href=\"\/ir\/english\/data\/oar\/2020\/coo.html\">The COO\u2019s Discussion of Growth Strategies (Top page)<\/a><\/li>\n\t\t<\/ul>\n\t\t<\/div>\n\t<\/nav>\n\n\n\t<nav>\n\t\t<div class=\"unit\">\n\t\t<ul> \n\t\t<li><a href=\"\/ir\/english\/data\/oar\/2020\/coo.html#strategy01\"><!--img src=\"\/ir\/data\/oar\/2017\/img\/Menu\/know_05.jpg\"><br-->Growth Strategy 1: Digital content<\/a><\/li>\n\t\t<\/ul>\n\t\t<\/div><!--\/\/unit-->\n\n\n\t\t<div class=\"unit\">\n\t\t<ul> \n\t\t<li><a href=\"\/ir\/english\/data\/oar\/2020\/coo.html#strategy02\"><!--img src=\"\/ir\/data\/oar\/2017\/img\/Menu\/know_05.jpg\"><br-->Growth Strategy 2: Esports<\/a><\/li>\n\t\t<\/ul>\n\t\t<\/div><!--\/\/unit-->\n\n\n\n\t\t<div class=\"unit\">\n\t\t<ul> \n\t\t<li><a href=\"\/ir\/english\/data\/oar\/2020\/coo.html#strategy03\"><!--img src=\"\/ir\/data\/oar\/2017\/img\/Menu\/know_05.jpg\"><br-->Growth Strategy 3: Licensing business<\/a><\/li>\n\t\t<\/ul>\n\t\t<\/div><!--\/\/unit-->\n\t<\/nav>\n\t<\/div><!--\/\/container-->\n\t<\/div><!--\/\/navPopup-->\n\t<\/li>\n\n\n\t<li><a href=\"\/ir\/english\/data\/oar\/2020\/cfo.html\">Financial Strategy<\/a><\/li>\n\n\n\n\t<li><span class=\"openPopup\">Latest<br>Creative Report<\/span>\n\t<div class=\"navPopup\">\n\t<div class=\"container\">\n\t<nav>\n\t\t<div class=\"unit\">\n\t\t<ul>\n\t\t<li class=\"ntitle\"><a href=\"javascript:void(0)\">Latest Creative Report<\/a><\/li>\n\t\t<\/ul>\n\t\t<\/div>\n\t<\/nav>\n\n\t<nav>\n\t\t<div class=\"unit\">\n\t\t<ul> \n\t\t<li style=\"width:250px;\"><a href=\"\/ir\/english\/data\/oar\/2020\/devtop.html\"><!--img src=\"\/ir\/data\/oar\/2017\/img\/Menu\/know_05.jpg\"><br-->The Head of Development Discusses Development Strategy<\/a><\/li>\n\t\t<\/ul>\n\t\t<\/div><!--\/\/unit-->\n\n\n\t\t<div class=\"unit\">\n\t\t<ul> \n\t\t<li style=\"width:350px;\"><a href=\"\/ir\/english\/data\/oar\/2020\/village.html\"><!--img src=\"\/ir\/data\/oar\/2017\/img\/Menu\/know_05.jpg\"><br--><em>Resident Evil Village<\/em><\/a><\/li>\n\t\t<\/ul>\n\t\t<\/div><!--\/\/unit-->\n\n\t<\/nav>\n\t<\/div><!--\/\/container-->\n\t<\/div><!--\/\/navPopup-->\n\t<\/li>\n\t<li><a href=\"\/ir\/english\/data\/oar\/2020\/mg_asc.html\">Corporate Oversight<\/a><\/li>\n\t<\/ul>\t\n\n\t<\/section>\t<!--\/\/section-->\n<\/div><!--\/\/fixedHeader-->\n<div id=\"hideGnav\"><\/div>\n\n<main id=\"rs_read\" class=\"devtop oarMain\">\n<div class=\"message_past\">\r\n\t<p class=\"ms\"><a href=\"\/ir\/english\/data\/oar\/2025.html\">Latest version is available on the \"Online Integrated Report 2025\" top page.<\/a><\/p>\r\n<\/div>\n<div class=\"devtop_header\">\n<div class=\"visual\">\n<img decoding=\"async\" src=\"\/ir\/assets\/images\/data\/oar\/2020\/\/management\/img_dev_001.png\" class=\"photo\">\n<h2><img decoding=\"async\" src=\"\/ir\/assets\/images\/data\/oar\/2020\/\/management\/img_dev_002.png\" alt=\"Creative Report\"><\/h2>\n<div class=\"titlebox\">\n<p class=\"subtitle\">Development policy and foundation building for creating globally acclaimed content.<\/p>\n<p class=\"name mT25\">Yoichi Egawa<\/p>\n<p class=\"yposition mT10\">Director and Executive Corporate Officer<br>In charge of Development and Pachinko &amp; Pachislo Business Divisions of the Company<\/p>\n\n<\/div><!--\/\/titlebox-->\n<p class=\"header_pic\"><img decoding=\"async\" src=\"\/ir\/english\/assets\/images\/data\/oar\/2020\/img_dev_003.svg\" width=\"950\"><\/p>\n<\/div><!--\/\/visual-->\n\n<\/div><!---\/\/cfo_header-->\n\n\n\n<div class=\"fullbox line s01\">\n<div class=\"container\">\n<div class=\"h3titlebox mT15\">\n<div class=\"mtitle\">Development policy<\/div><!--mtitle-->\n<h3 class=\"devtopStyle01 mT10\">Achieving sustainable growth by balancing world-class quality and cost-consciousness<\/h3>\n<\/div><!--\/\/h3titlebox-->\n\n<p class=\"mT25 p\">The reality of this industry is that unless a game is high-quality and appeals to people globally, it will not sell. This concept has been deeply ingrained in us as game developers since our founding more than 35 years ago. From the time I became responsible for development, Capcom has achieved significant growth with the global branding of <em>Monster Hunter<\/em>, the establishment of a long-term sales model for major titles, and the increased percentage of digital sales, but all of this was only possible because Capcom is recongnized as the producer of some of the highest quality games in the world.<\/p>\n\n<p class=\"mT10 p\">Even now, we refuse to allow ourselves to be content with our achievements and continue to work towards establishing a system for greater growth throughout the entire development organization.<\/p>\n\n<p class=\"mT10 p\">In addition, I am focusing on strengthening awareness of the numbers in the development divisions. I myself come from a background in development, and creators have a tendency to want to pursue all the possibilities of creativity. Of course, this pride in craftsmanship is one our company\u2019s greatest strengths and is the source of numerous hit titles that Capcom has produced. However, in order to achieve the annual 10% profit growth sought by management, we cannot run the company solely on the self-satisfaction of our creators. As someone responsible for an enormous amount of investment, I do not evaluate the results from our divisions in terms of profit and loss alone; rather, by promoting productivity-conscious game development, I am furthering the soundness of the company. As a result of these efforts, an awareness of the management goals of balancing title profits and losses with the expansion of the pipeline from a medium-term perspective has now begun to permeate among those at the divisional manager level of our game development.<\/p>\n\n<p class=\"mT10 p\">For the immediate future, in addition to our unwavering mission to cultivate and create IPs, we will focus our efforts on building and maintaining a network environment that supports cross-play in order to address the diversification of cloud platforms and promote strengthening continuously updated online content. In addition, I am also promoting research into leading-edge technology as we look five or ten years into the future.<\/p>\n\n<p class=\"mT10 p\">With the imminent innovations in technology, the growth potential of digital entertainment is incalculable. As such, it is my intent to continue managing and fostering the development organization with the attitude of never running away and never giving up in the face of a challenge.<\/p>\n<\/div><!--\/\/container-->\n<\/div><!--\/\/fullbox-->\n\n\n\n\n<div class=\"fullbox line s02 mT45\">\n<div class=\"container\">\n<div class=\"h3titlebox mT15\">\n<div class=\"mtitle\">Development organization characteristics<\/div><!--mtitle-->\n<h3 class=\"devtopStyle01 mT10\">Building a development environment that takes full advantage of our unique characteristics with our proprietary development engine<\/h3>\n<\/div><!--\/\/h3titlebox-->\n\n<p class=\"mT25 p\">One of Capcom\u2019s greatest game development strengths is that we have a proprietary game development engine, the RE ENGINE.<\/p>\n\n<p class=\"mT10 p\">The RE ENGINE not only makes it possible to develop high-quality games, but also based on feedback from the titles we have developed thus far, it is constantly evolving to fit our unique needs, thoroughly demonstrating the strength of our in-house engine.<\/p>\n\n<p class=\"mT10 p\">Capcom is also actively investing in our research and development buildings and equipment, leading the world\u2019s standards in terms of cutting-edge facilities. When creators and engineers team up in an environment such as this, they can achieve world-beating quality that is second to none.<\/p>\n\n<p class=\"rlink txtR mT20\"><a href=\"\/ir\/english\/data\/oar\/2017\/management\/devtop.html#growth02\" target=\"_blank\" style=\"width:80%; margin-left:15%;\" rel=\"noopener\">[Online Integrated Report 2017] Outfitting our Development Environment<\/a><\/p>\n<\/div><!--\/\/container-->\n<\/div><!--\/\/fullbox-->\n\n\n\n<div class=\"fullbox line s03 mT45\">\n<div class=\"container\">\n<div class=\"h3titlebox mT15\">\n<div class=\"mtitle\">Training developers<\/div><!--mtitle-->\n<h3 class=\"devtopStyle01 mT10\">Actively using younger employees on important projects, Capcom ensures our craftsmanship will carry on to the next generation<\/h3>\n<\/div><!--\/\/h3titlebox-->\n\n<p class=\"mT25 p\">As we consolidate our in-house technology and know-how and pass on the development DNA of popular IP that have been with us since our founding to the next generation, we are also evolving by incorporating the sensibilities of the younger generation. This concept is what has led Capcom to hire more than 100 newly graduated developers annually since 2011 and set an initial goal of achieving a 2,500-person development workforce. It takes several years of development experience until a new employee is able to stand on their own two feet as a developer, but with the improvement in game console performance, the time required to develop a single game has grown. As a result, even younger employees are now being appointed to major title and middleware (for example our game engines) development teams, which stand at the core of game development. This stimulates younger employees\u2019 growth as they gain rewarding experience and know-how working hands-on at the frontier of the industry. We have also implemented a system that supports and fosters highly skilled younger employees so that they may be selected as one of the core members leading the overall development of their next title.<\/p>\n<\/div><!--\/\/container-->\n<\/div><!--\/\/fullbox-->\n\n\n\n\n<div class=\"fullbox line s04 mT45\">\n<div class=\"container\">\n<div class=\"h3titlebox mT15\">\n<div class=\"mtitle\">Game development amid the COVID-19 pandemic<\/div><!--mtitle-->\n<\/div><!--\/\/h3titlebox-->\n\n<p class=\"mT25 p\">With a state of emergency declared in Japan from April to May 2020, Capcom\u2019s development divison employees primarily worked from home.<\/p>\n\n<p class=\"mT10 p\"> Developing games requires handling large volumes of data, which limits the amount of progress that can be made working from home. Once the state of emergency was lifted, considerations had to be made for seating arrangments that followed social distancing guidelines, which meant that it was impossible for all employees to be present at once. However, by reviewing personnel assignments and staggering working hours, we were able to achieve both efficient operations and produce results as we aim to reduce the risk of delays in development.<\/p>\n\n<p class=\"mT10 p\">  This experience has led us to examine more productive ways of working from home, and if the pandemic should continue, we expect that we will be able to mitigate a decrease in productivity more successfully.<\/p>\n\n\n<div class=\"table_color02 mT25\">\n<p class=\"caption\">Home video game software sales trends <span>(units in ten thousands)<\/span><\/p>\n<table class=\"a02 mT10\">\n<thead>\n<tr>\n<th>2018<\/th>\n<th>2019<\/th>\n<th>2020<\/th>\n<th>2021 (plan)<\/th>\n<\/tr>\n<tr>\n<th colspan=\"4\"><\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr class=\"txtR hlight\">\n<td colspan=\"4\" class=\"txtL\">Total unit sales<\/td>\n<\/tr>\n<tr>\n<td class=\"txtL\">2,440<\/td>\n<td>2,530<\/td>\n<td>2,550<\/td>\n<td>2,800<\/td>\n<\/tr>\n<tr>\n<td colspan=\"4\">Main title sales<\/td>\n<\/tr>\n<tr>\n<td>\n<ul>\n<li><em>Monster Hunter: World<\/em><\/li><\/ul>\n<p class=\"unit\">790<\/p>\n\n<ul>\n<li><em>Resident Evil 7 biohazard<\/em><br>\n(catalog title)<\/li><\/ul>\n<p class=\"unit\">160<\/p>\n\n<ul>\n<li><em>Marvel VS. Capcom: Infinite<\/em><\/li><\/ul>\n<p class=\"unit\">100<\/p>\n<\/td>\n<td>\n<ul><li><em>Monster Hunter: World<\/em><br>(catalog title)<\/li><\/ul>\n<p class=\"unit\">450<\/p>\n\n<ul><li><em>Resident Evil 2<\/em><\/li><\/ul>\n<p class=\"unit\">420<\/p>\n\n<ul><li><em>Devil May Cry 5<\/em><\/li><\/ul>\n<p class=\"unit\">210<\/p>\n<\/td>\n<td>\n<ul><li><em>Monster Hunter World: Iceborne<\/em><\/li><\/ul>\n<p class=\"unit\">520<\/p>\n\n<ul><li><em>Monster Hunter: World<\/em><br>(catalog title)<\/li><\/ul>\n<p class=\"unit\">320<\/p>\n\n<ul>\n<li><em>Resident Evil 2<\/em><br>(catalog title)<\/li><\/ul>\n<p class=\"unit\">240<\/p>\n<\/td>\n<td rowspan=\"2\">\n<ul>\n<li><em>Resident Evil 3<\/em><\/li>\n<li><em>Monster Hunter World: Iceborne<\/em><br>(catalog title)<\/li>\n<li><em>Resident Evil 2<\/em><br>(catalog title)<\/li>\n<\/ul>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p class=\"txtR txt11 mT10\">(Years ended March 31)<\/p>\n<\/div><!--\/\/table_color-->\n\n<a href=\"village.html\">\n<div class=\"village clearfix mT45\">\n<img decoding=\"async\" src=\"\/ir\/english\/assets\/images\/data\/oar\/2020\/img_dev03.png\">\n<p class=\"title\">Fight through fear and desperation!<br>\n<em>Resident Evil Village<\/em> is a survival horror game like never seen before.<\/p>\n<\/div><!--\/\/village-->\n<\/a>\n\n\n<\/div><!--\/\/container-->\n<\/div><!--\/\/fullbox-->\n\n\n<\/main>\n\n\n<div class=\"contList\">\n\t<div class=\"contents\">\n\t<h3>CAPCOM INTEGRATED REPORT 2020<\/h3>\n\n\t<h4 class=\"mT30 comppdf\"><a href=\"\/ir\/english\/data\/pdf\/annual\/2020\/annual_2020_01.pdf\" target=\"_blank\" onClick=\"_gaq.push(['_trackEvent', 'EN PDF', 'OAR', 'annual_2020_01.pdf']);\" rel=\"noopener\"> PDF (Complete version) <span class=\"pdfmt\">\uff08PDF\uff1a9.35MB\/98 pages\uff09<\/span><\/a><\/h4>\n\n\n\t<div class=\"sepbox\">\n\t<h4 class=\"mT15 separate\">PDF (By section)<\/h4>\n\n\n\n\t<div class=\"contBox mT15\">\n\t<div class=\"col heightLine-1\">\n\t<h4 class=\"mpdf\"><a href=\"\/ir\/english\/data\/pdf\/annual\/2020\/annual_2020_03.pdf\" target=\"_blank\" onClick=\"_gaq.push(['_trackEvent', 'EN PDF', 'OAR', 'annual_2020_03.pdf']);\" rel=\"noopener\">Value Creation Story  <br>\n\t<span>(PDF: 3.62MB\/ 16 pages)<\/span><\/a><\/h4>\n\t<ul class=\"mT10\">\n\t<li><a href=\"\/ir\/english\/assets\/pdf\/oar\/2020\/value_01.pdf\" target=\"_blank\" onClick=\"_gaq.push(['_trackEvent', 'EN PDF', 'OAR', 'annual_2020_value01.pdf']);\" rel=\"noopener\">History of Value Creation<\/a><\/li>\n\t<li><a href=\"\/ir\/english\/assets\/pdf\/oar\/2020\/value_02.pdf\" target=\"_blank\" onClick=\"_gaq.push(['_trackEvent', 'EN PDF', 'OAR', 'annual_2020_value02.pdf']);\" rel=\"noopener\">Value Creation Model<\/a><\/li>\n\t<li><a href=\"\/ir\/english\/assets\/pdf\/oar\/2020\/value_03.pdf\" target=\"_blank\" onClick=\"_gaq.push(['_trackEvent', 'EN PDF', 'OAR', 'annual_2020_value03.pdf']);\" rel=\"noopener\">Major Intellectual Properties (IP)<\/a><\/li>\n\t<li><a href=\"\/ir\/english\/assets\/pdf\/oar\/2020\/value_04.pdf\" target=\"_blank\" onClick=\"_gaq.push(['_trackEvent', 'EN PDF', 'OAR', 'annual_2020_value04.pdf']);\" rel=\"noopener\">Effectively Leveraging IP<\/a><\/li>\n\t<li><a href=\"\/ir\/english\/assets\/pdf\/oar\/2020\/value_05.pdf\" target=\"_blank\" onClick=\"_gaq.push(['_trackEvent', 'EN PDF', 'OAR', 'annual_2020_value05.pdf']);\" rel=\"noopener\">Financial Highlights<\/a><\/li>\n\t<li><a href=\"\/ir\/english\/assets\/pdf\/oar\/2020\/value_06.pdf\" target=\"_blank\" onClick=\"_gaq.push(['_trackEvent', 'EN PDF', 'OAR', 'annual_2020_value06.pdf']);\" rel=\"noopener\">ESG Highlights<\/a><\/li>\n\t<li><a href=\"\/ir\/english\/assets\/pdf\/oar\/2020\/value_07.pdf\" target=\"_blank\" onClick=\"_gaq.push(['_trackEvent', 'EN PDF', 'OAR', 'annual_2020_value07.pdf']);\" rel=\"noopener\">Business Segments Highlights<\/a><\/li>\n\t<li><a href=\"\/ir\/english\/assets\/pdf\/oar\/2020\/value_08.pdf\" target=\"_blank\" onClick=\"_gaq.push(['_trackEvent', 'EN PDF', 'OAR', 'annual_2020_value08.pdf']);\" rel=\"noopener\">Risks and Opportunities \/ Medium- to Long-Term Vision<\/a><\/li>\n\t<\/ul>\n\t<\/div><!--\/\/col-->\n\n\n\t<div class=\"col heightLine-1\">\n\t<h4 class=\"mpdf\"><a href=\"\/ir\/english\/data\/pdf\/annual\/2020\/annual_2020_04.pdf\" target=\"_blank\" onClick=\"_gaq.push(['_trackEvent', 'EN PDF', 'OAR', 'annual_2020_04.pdf']);\" rel=\"noopener\">Medium- to Long-Term Growth Strategy <br>\n\t<span>(PDF: 999KB\/ 22 pages)<\/span><\/a><\/h4>\n\t<ul class=\"mT10\">\n\t<li><a href=\"\/ir\/english\/assets\/pdf\/oar\/2020\/ceo.pdf\" target=\"_blank\" onClick=\"_gaq.push(['_trackEvent', 'EN PDF', 'OAR', 'annual_2020_ceo.pdf']);\" rel=\"noopener\">CEO Commitment<\/a><\/li>\n\t<li><a href=\"\/ir\/english\/assets\/pdf\/oar\/2020\/coo.pdf\" target=\"_blank\" onClick=\"_gaq.push(['_trackEvent', 'EN PDF', 'OAR', 'annual_2020_coo.pdf']);\" rel=\"noopener\">The COO&#8217;s Discussion of Growth Strategies<\/a><\/li>\n\n\t<li><a href=\"\/ir\/english\/assets\/pdf\/oar\/2020\/cfo.pdf\" target=\"_blank\" onClick=\"_gaq.push(['_trackEvent', 'EN PDF', 'OAR', 'annual_2020_cfo.pdf']);\" rel=\"noopener\">Financial Strategy According to the CFO<\/a><\/li>\n\t<\/ul>\n\t<\/div><!--\/\/col-->\n\n\n\t<div class=\"col heightLine-1\">\n\t<h4 class=\"mpdf\"><a href=\"\/ir\/english\/data\/pdf\/annual\/2020\/annual_2020_05.pdf\" target=\"_blank\" onClick=\"_gaq.push(['_trackEvent', 'EN PDF', 'OAR', 'annual_2020_05.pdf']);\" rel=\"noopener\">Latest Creative Report <br>\n\t<span>(PDF: 2.55MB\/ 6 pages)<\/span><\/a><\/h4>\n\t<ul class=\"mT10\">\n\t<li><a href=\"\/ir\/english\/assets\/pdf\/oar\/2020\/devtop.pdf\" target=\"_blank\" onClick=\"_gaq.push(['_trackEvent', 'EN PDF', 'OAR', 'annual_2020_devtop.pdf']);\" rel=\"noopener\">The Head of Development Discusses Development Strategy<\/a><\/li>\n\t<li><a href=\"\/ir\/english\/assets\/pdf\/oar\/2020\/re_village.pdf\" target=\"_blank\" onClick=\"_gaq.push(['_trackEvent', 'EN PDF', 'OAR', 'annual_2020_re-village.pdf']);\" rel=\"noopener\"><em>Resident Evil Village<\/em><\/a><\/li>\n\t<\/ul>\n\t<\/div><!--\/\/col-->\n\n\n\t<div class=\"col heightLine-2\">\n\t<h4 class=\"mpdf\"><a href=\"\/ir\/english\/data\/pdf\/annual\/2020\/annual_2020_06.pdf\" target=\"_blank\" onClick=\"_gaq.push(['_trackEvent', 'EN PDF', 'OAR', 'annual_2020_06.pdf']);\" rel=\"noopener\">Foundation for Sustainable Growth (ESG)<br>\n\t<span>(PDF: 908KB\/ 18 pages)<\/span><\/a><\/h4>\n\t<ul class=\"mT10\">\n\t<li><a href=\"\/ir\/english\/assets\/pdf\/oar\/2020\/esg_01.pdf\" target=\"_blank\" onClick=\"_gaq.push(['_trackEvent', 'EN PDF', 'OAR', 'annual_2020_esg01.pdf']);\" rel=\"noopener\">ESG Information<\/a><\/li>\n\t<li><a href=\"\/ir\/english\/assets\/pdf\/oar\/2020\/esg_02.pdf\" target=\"_blank\" onClick=\"_gaq.push(['_trackEvent', 'EN PDF', 'OAR', 'annual_2020_esg02.pdf']);\" rel=\"noopener\">Capcom and the Environment<\/a><\/li>\n\t<li><a href=\"\/ir\/english\/assets\/pdf\/oar\/2020\/esg_03.pdf\" target=\"_blank\" onClick=\"_gaq.push(['_trackEvent', 'EN PDF', 'OAR', 'annual_2020_esg03.pdf']);\" rel=\"noopener\">Society and Capcom<\/a><\/li>\n\t<li><a href=\"\/ir\/english\/assets\/pdf\/oar\/2020\/governance.pdf\" target=\"_blank\" onClick=\"_gaq.push(['_trackEvent', 'EN PDF', 'OAR', 'annual_2020_governance.pdf']);\" rel=\"noopener\">Corporate Governance<\/a>\n\t\t<ul>\n\t\t  <li><a href=\"\/ir\/english\/assets\/pdf\/oar\/2020\/gov_01.pdf\" target=\"_blank\" onClick=\"_gaq.push(['_trackEvent', 'EN PDF', 'OAR', 'annual_2020_gov01.pdf']);\" rel=\"noopener\">Directors<\/a><\/li>\n\t\t<li><a href=\"\/ir\/english\/assets\/pdf\/oar\/2020\/gov_02.pdf\" target=\"_blank\" onClick=\"_gaq.push(['_trackEvent', 'EN PDF', 'OAR', 'annual_2020_gov02.pdf']);\" rel=\"noopener\">Corporate Governance Structure and Initiatives<\/a><\/li>\n\t\t<li><a href=\"\/ir\/english\/assets\/pdf\/oar\/2020\/gov_03.pdf\" target=\"_blank\" onClick=\"_gaq.push(['_trackEvent', 'EN PDF', 'OAR', 'annual_2020_gov03.pdf']);\" rel=\"noopener\">Message from a Member of the Audit and Supervisory Committee<\/a><\/li>\n\t  <\/ul>\n\t<\/li>\n\t<\/ul>\n\t<\/div><!--\/\/col-->\n\n\t<div class=\"col heightLine-2\">\n\t<h4 class=\"mpdf\"><a href=\"\/ir\/english\/data\/pdf\/annual\/2020\/annual_2020_07.pdf\" target=\"_blank\" onClick=\"_gaq.push(['_trackEvent', 'EN PDF', 'OAR', 'annual_2020_07.pdf']);\" rel=\"noopener\">Financial Analysis and Corporate Data <br>\n\t<span>(PDF: 260KB\/ 13 pages)<\/span><\/a><\/h4>\n\t<ul class=\"mT10\">\n\t<li><a href=\"\/ir\/english\/assets\/pdf\/oar\/2020\/finance_01.pdf\" target=\"_blank\" onClick=\"_gaq.push(['_trackEvent', 'EN PDF', 'OAR', 'annual_2020_finance_01.pdf']);\" rel=\"noopener\">An Analysis of the Market and Capcom<\/a><\/li>\n\t<li><a href=\"\/ir\/english\/assets\/pdf\/oar\/2020\/finance_02.pdf\" target=\"_blank\" onClick=\"_gaq.push(['_trackEvent', 'EN PDF', 'OAR', 'annual_2020_finance_02.pdf']);\" rel=\"noopener\">Market Analysis<\/a><\/li>\n\t<li><a href=\"\/ir\/english\/assets\/pdf\/oar\/2020\/finance_03.pdf\" target=\"_blank\" onClick=\"_gaq.push(['_trackEvent', 'EN PDF', 'OAR', 'annual_2020_finance_03.pdf']);\" rel=\"noopener\">11-Year Summary of Consolidated Financial Indicators<\/a><\/li>\n\t<li><a href=\"\/ir\/english\/assets\/pdf\/oar\/2020\/finance_04.pdf\" target=\"_blank\" onClick=\"_gaq.push(['_trackEvent', 'EN PDF', 'OAR', 'annual_2020_finance_04.pdf']);\" rel=\"noopener\">Segment Information<\/a><\/li>\n\t<li><a href=\"\/ir\/english\/assets\/pdf\/oar\/2020\/finance_05.pdf\" target=\"_blank\" onClick=\"_gaq.push(['_trackEvent', 'EN PDF', 'OAR', 'annual_2020_finance_05.pdf']);\" rel=\"noopener\">Stock Data<\/a><\/li>\n\t<li><a href=\"\/ir\/english\/assets\/pdf\/oar\/2020\/finance_06.pdf\" target=\"_blank\" onClick=\"_gaq.push(['_trackEvent', 'EN PDF', 'OAR', 'annual_2020_finance_06.pdf']);\" rel=\"noopener\">Corporate Data<\/a><\/li>\n\t<\/ul>\n\t<\/div><!--\/\/col-->\n\t<\/div><!--\/\/sepbox-->\n\n\n\t<\/div><!--\/\/contBox-->\n\t<\/div><!--\/\/contents-->\n<\/div><!--\/\/contList-->\n\n    <div class=\"f_bknumber\">\r\n        <div class=\"box clearfix\">\r\n            <p>Online Integrated Report Archives<\/p>\r\n            <ul class=\"mT10\">\r\n\t\t\t\t<li><a href=\"\/ir\/english\/data\/oar\/2025.html\" target=\"_blank\">2025<\/a><\/li>\r\n\t\t\t\t<li><a href=\"\/ir\/english\/data\/oar\/2024.html\" target=\"_blank\">2024<\/a><\/li>\r\n                <li><a href=\"\/ir\/english\/data\/oar\/2023.html\" target=\"_blank\">2023<\/a><\/li>\r\n                <li><a href=\"\/ir\/english\/data\/oar\/2022.html\" target=\"_blank\">2022<\/a><\/li>\r\n                <li><a href=\"\/ir\/english\/data\/oar\/2021.html\" target=\"_blank\">2021<\/a><\/li>\r\n                <li><a href=\"\/ir\/english\/data\/oar\/2020.html\" target=\"_blank\">2020<\/a><\/li>\r\n                <li><a href=\"\/ir\/english\/data\/oar\/2019.html\" target=\"_blank\">2019<\/a><\/li>\r\n                <li><a href=\"\/ir\/english\/data\/oar\/2018.html\" target=\"_blank\">2018<\/a><\/li>\r\n                <li><a href=\"\/ir\/english\/data\/oar\/2017.html\" target=\"_blank\">2017<\/a><\/li>\r\n            <\/ul>\r\n        <\/div>\r\n        <!--\/\/box-->\r\n    <\/div>\n\t<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Development policy and foundation building for creating globally acclaimed content. Yoichi Egawa Director and  [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":13348,"parent":9545,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"template\/other_onecol.php","meta":{"_acf_changed":false,"footnotes":""},"class_list":["post-9553","page","type-page","status-publish","has-post-thumbnail","hentry"],"acf":[],"aioseo_notices":[],"lang":"english","translations":{"english":9553,"ja":6305},"pll_sync_post":[],"_links":{"self":[{"href":"https:\/\/www.capcom.co.jp\/ir\/wp-json\/wp\/v2\/pages\/9553"}],"collection":[{"href":"https:\/\/www.capcom.co.jp\/ir\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.capcom.co.jp\/ir\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.capcom.co.jp\/ir\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/www.capcom.co.jp\/ir\/wp-json\/wp\/v2\/comments?post=9553"}],"version-history":[{"count":10,"href":"https:\/\/www.capcom.co.jp\/ir\/wp-json\/wp\/v2\/pages\/9553\/revisions"}],"predecessor-version":[{"id":52687,"href":"https:\/\/www.capcom.co.jp\/ir\/wp-json\/wp\/v2\/pages\/9553\/revisions\/52687"}],"up":[{"embeddable":true,"href":"https:\/\/www.capcom.co.jp\/ir\/wp-json\/wp\/v2\/pages\/9545"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.capcom.co.jp\/ir\/wp-json\/wp\/v2\/media\/13348"}],"wp:attachment":[{"href":"https:\/\/www.capcom.co.jp\/ir\/wp-json\/wp\/v2\/media?parent=9553"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}