As cuts and closures batter the industry, Capcom posts its 7th consecutive year of record-high profits and says the 8th is just around the corner

It must be nice being Capcom. At a time when most of the games industry is in a historic bout of brutal layoffs, studio closures, and other assorted cost-cutting measures that mysteriously seem to never touch the C-suite, the Resident Evil and Street Fighter maker is raising salaries and, now, posting its seventh consecutive year of record profits and 11th consecutive year of operating profit growth.

In a Capcom press release earlier today, the company announced that its net sales in the fiscal year ended March 31...