diff --git a/spine-unity/Assets/Spine Examples/Scripts/Sample Components/SkeletonRenderTexture/SkeletonGraphicRenderTexture.cs b/spine-unity/Assets/Spine Examples/Scripts/Sample Components/SkeletonRenderTexture/SkeletonGraphicRenderTexture.cs
index 538dda064..4ab76153b 100644
--- a/spine-unity/Assets/Spine Examples/Scripts/Sample Components/SkeletonRenderTexture/SkeletonGraphicRenderTexture.cs	
+++ b/spine-unity/Assets/Spine Examples/Scripts/Sample Components/SkeletonRenderTexture/SkeletonGraphicRenderTexture.cs	
@@ -260,24 +260,30 @@ namespace Spine.Unity.Examples {
 			commandBuffer.SetRenderTarget(renderTexture);
 			commandBuffer.ClearRenderTarget(true, true, Color.clear);
 
-			Rect canvasRect = skeletonGraphic.canvas.pixelRect;
-
-			Matrix4x4 projectionMatrix = Matrix4x4.Ortho(
-				canvasRect.x, canvasRect.x + canvasRect.width,
-				canvasRect.y, canvasRect.y + canvasRect.height,
-				float.MinValue, float.MaxValue);
+			Vector2 targetViewportSize = new Vector2(
+				screenSpaceMax.x - screenSpaceMin.x,
+				screenSpaceMax.y - screenSpaceMin.y);
 
 			RenderMode canvasRenderMode = skeletonGraphic.canvas.renderMode;
 			if (canvasRenderMode == RenderMode.ScreenSpaceOverlay) {
+				Rect canvasRect = skeletonGraphic.canvas.pixelRect;
+				canvasRect.x += screenSpaceMin.x;
+				canvasRect.y += screenSpaceMin.y;
+				canvasRect.width = targetViewportSize.x;
+				canvasRect.height = targetViewportSize.y;
+				Matrix4x4 projectionMatrix = Matrix4x4.Ortho(
+					canvasRect.x, canvasRect.x + canvasRect.width,
+					canvasRect.y, canvasRect.y + canvasRect.height,
+					float.MinValue, float.MaxValue);
 				commandBuffer.SetViewMatrix(Matrix4x4.identity);
 				commandBuffer.SetProjectionMatrix(projectionMatrix);
 			} else {
 				commandBuffer.SetViewMatrix(targetCamera.worldToCameraMatrix);
-				commandBuffer.SetProjectionMatrix(targetCamera.projectionMatrix);
+				Matrix4x4 projectionMatrix = CalculateProjectionMatrix(targetCamera,
+					screenSpaceMin, screenSpaceMax, skeletonGraphic.canvas.pixelRect.size);
+				commandBuffer.SetProjectionMatrix(projectionMatrix);
 			}
-
-			Vector2 targetCameraViewportSize = targetCamera.pixelRect.size;
-			Rect viewportRect = new Rect(-screenSpaceMin * downScaleFactor, targetCameraViewportSize * downScaleFactor);
+			Rect viewportRect = new Rect(Vector2.zero, targetViewportSize * downScaleFactor);
 			commandBuffer.SetViewport(viewportRect);
 		}
 
diff --git a/spine-unity/Assets/Spine Examples/Scripts/Sample Components/SkeletonRenderTexture/SkeletonRenderTexture.cs b/spine-unity/Assets/Spine Examples/Scripts/Sample Components/SkeletonRenderTexture/SkeletonRenderTexture.cs
index 769253834..bafe6ee4a 100644
--- a/spine-unity/Assets/Spine Examples/Scripts/Sample Components/SkeletonRenderTexture/SkeletonRenderTexture.cs	
+++ b/spine-unity/Assets/Spine Examples/Scripts/Sample Components/SkeletonRenderTexture/SkeletonRenderTexture.cs	
@@ -179,10 +179,16 @@ namespace Spine.Unity.Examples {
 			commandBuffer.SetRenderTarget(renderTexture);
 			commandBuffer.ClearRenderTarget(true, true, Color.clear);
 
-			commandBuffer.SetProjectionMatrix(targetCamera.projectionMatrix);
 			commandBuffer.SetViewMatrix(targetCamera.worldToCameraMatrix);
-			Vector2 targetCameraViewportSize = targetCamera.pixelRect.size;
-			Rect viewportRect = new Rect(-screenSpaceMin * downScaleFactor, targetCameraViewportSize * downScaleFactor);
+
+			Matrix4x4 projectionMatrix = CalculateProjectionMatrix(targetCamera,
+				screenSpaceMin, screenSpaceMax, targetCamera.pixelRect.size);
+			commandBuffer.SetProjectionMatrix(projectionMatrix);
+
+			Vector2 targetViewportSize = new Vector2(
+				screenSpaceMax.x - screenSpaceMin.x,
+				screenSpaceMax.y - screenSpaceMin.y);
+			Rect viewportRect = new Rect(Vector2.zero, targetViewportSize * downScaleFactor);
 			commandBuffer.SetViewport(viewportRect);
 		}
 
diff --git a/spine-unity/Assets/Spine Examples/Scripts/Sample Components/SkeletonRenderTexture/SkeletonRenderTextureBase.cs b/spine-unity/Assets/Spine Examples/Scripts/Sample Components/SkeletonRenderTexture/SkeletonRenderTextureBase.cs
index 4cbfdd603..6c4c9de86 100644
--- a/spine-unity/Assets/Spine Examples/Scripts/Sample Components/SkeletonRenderTexture/SkeletonRenderTextureBase.cs	
+++ b/spine-unity/Assets/Spine Examples/Scripts/Sample Components/SkeletonRenderTexture/SkeletonRenderTextureBase.cs	
@@ -122,6 +122,45 @@ namespace Spine.Unity.Examples {
 			}
 		}
 
+		protected Matrix4x4 CalculateProjectionMatrix (Camera targetCamera,
+			Vector3 screenSpaceMin, Vector3 screenSpaceMax, Vector2 fullSizePixels) {
+			if (targetCamera.orthographic)
+				return CalculateOrthoMatrix(targetCamera, screenSpaceMin, screenSpaceMax, fullSizePixels);
+			else
+				return CalculatePerspectiveMatrix(targetCamera, screenSpaceMin, screenSpaceMax, fullSizePixels);
+		}
+
+		protected Matrix4x4 CalculateOrthoMatrix (Camera targetCamera,
+			Vector3 screenSpaceMin, Vector3 screenSpaceMax, Vector2 fullSizePixels) {
+
+			Vector2 cameraSize = new Vector2(
+					targetCamera.orthographicSize * 2.0f * targetCamera.aspect,
+					targetCamera.orthographicSize * 2.0f);
+			Vector2 min = new Vector2(screenSpaceMin.x, screenSpaceMin.y) / fullSizePixels;
+			Vector2 max = new Vector2(screenSpaceMax.x, screenSpaceMax.y) / fullSizePixels;
+			Vector2 centerOffset = new Vector2(-0.5f, -0.5f);
+			min = (min + centerOffset) * cameraSize;
+			max = (max + centerOffset) * cameraSize;
+
+			return Matrix4x4.Ortho(min.x, max.x, min.y, max.y, float.MinValue, float.MaxValue);
+		}
+
+		protected Matrix4x4 CalculatePerspectiveMatrix (Camera targetCamera,
+			Vector3 screenSpaceMin, Vector3 screenSpaceMax, Vector2 fullSizePixels) {
+
+			FrustumPlanes frustumPlanes = targetCamera.projectionMatrix.decomposeProjection;
+			Vector2 planesSize = new Vector2(
+				frustumPlanes.right - frustumPlanes.left,
+				frustumPlanes.top - frustumPlanes.bottom);
+			Vector2 min = new Vector2(screenSpaceMin.x, screenSpaceMin.y) / fullSizePixels * planesSize;
+			Vector2 max = new Vector2(screenSpaceMax.x, screenSpaceMax.y) / fullSizePixels * planesSize;
+			frustumPlanes.right = frustumPlanes.left + max.x;
+			frustumPlanes.top = frustumPlanes.bottom + max.y;
+			frustumPlanes.left += min.x;
+			frustumPlanes.bottom += min.y;
+			return Matrix4x4.Frustum(frustumPlanes);
+		}
+
 		protected void AssignAtQuad () {
 			Transform quadTransform = quad.transform;
 			quadTransform.position = this.transform.position;
diff --git a/spine-unity/Assets/Spine Examples/package.json b/spine-unity/Assets/Spine Examples/package.json
index 51fc6ddb2..e6d9c0d53 100644
--- a/spine-unity/Assets/Spine Examples/package.json	
+++ b/spine-unity/Assets/Spine Examples/package.json	
@@ -2,7 +2,7 @@
   "name": "com.esotericsoftware.spine.spine-unity-examples",
   "displayName": "spine-unity Runtime Examples",
   "description": "This plugin provides example scenes and scripts for the spine-unity runtime.",
-  "version": "4.2.31",
+  "version": "4.2.32",
   "unity": "2018.3",
   "author": {
     "name": "Esoteric Software",