Capcom has taken a $40 million loss resulting from the closure of their Vancouver studio. Despite having a successful fiscal year thus far on the back of Monster Hunter World, including $867.5 million in sales revenue for the prior fiscal year ending March 2018, Capcom will report the loss in their upcoming Q2 report. Capcom aims to move all game development back to Japan, financing new facilities and hiring staff near Osaka in the process.
Capcom Vancouver, who originated as Blue Castle Studios, was known for their work on the Dead Rising series and the F2P mobile game Puzzle Fighter. The studio saw layoffs of 50 employees in February 2018, keeping a scant few on staff to keep Puzzle Fighter servers afloat and maintained and continue work on a smaller scale Dead Rising project.
All operations at the Vancouver studio will cease as of today, and any and all projects that were being worked on are now under review. With the series caretakers now gone, there’s no telling where Dead Rising will go next, while Puzzle Fighter shut down on July 31st after less than a year from launching.