Osaka based game company Capcom has released its financial statement for the nine month period ending December 31, 2008. So, how's Capcom doing?

Net sales dipped 8.6 percent to ¥47,223 million, and net income dropped 95 percent to ¥179 million. Capcom explains that the reason for this performance is that the company's flagship titles like Resident Evil 5 haven't been released yet this financial year and the dramatic rise of the yen — as well as the foreign exchange loss.

Sales were powered by Monster Hunter Freedom 2G, Capcom reports.

Net arcade sales were up 4.8 percent, and net arcade game sales were up a whopping 120.6 percent thanks to titles such as Street Fighter IV and Tatsunoko VS. Capcom.

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