Namco Posts Quarterly Financial Results
02.12.04 - 2:16 PM

Namco today released its financial figures for the first three quarters of the fiscal year ending on March 31st. Sales reached 134.6 billion yen ($1.28 billion US) during the first nine months of the current term, while net profit was 6.6 billion yen ($62.65 million US). The consumer game software division's results showed both light and shadow, as Taiko no Tatsujin's continued popularity and the solid performance of Donga Konga helped balance out the less than stellar performances of Baten Kaitos: Owaranai Tsubasa to Ushinawareta Umi as well as R: Racing Evolution in Japan. On the North American market, kill.switch performed well, while Namco's sports titles and I-Ninja were facing an uphill battle.

For the full fiscal year, Namco projects sales of 174.6 billion yen ($1.66 billion US) and a net profit of 6.6 billion yen ($62.65 million US). Thereby the company has sticked to earlier estimates. Furthermore, it was announced today, that shareholders would receive a dividend of 25 yen ($0.24 US) per share.

Chris Winkler

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