RPGFan


Bandai Namco Reports Financials
11.10.06 - 3:48 PM

Bandai Namco Group announced today its financial results for the first six months of the current fiscal year. During the April to September period the company posted a net profit of 11.01 billion yen ($93.35 million USD) on sales of 206.6 billion yen ($1.75 billion USD). While the company could report a strong first half for its Toy and Hobby division as well as its movie and music business, Bandai Namco Games' results were less impressive. Instead of the originally projected sales of 62 billion yen ($525.69 million USD) and an operating profit of 2.5 billion yen ($21.20 million USD), the division only posted sales of 57 billion yen ($483.29 million USD) and an operating profit of 1.85 billion yen ($15.69 million USD). The company cited delays of several high profile games (such as the arcade version of Kidou Senshi Gundam: Senjou no Kizuna) as reasons for the lower-than-expected results.

For the full fiscal year, Bandai Namco projects an operating profit of 23.5 billion yen ($199.25 million USD) on sales of 470 billion yen ($3.99 billion USD).


Back

Chris Winkler





Featured Content
The Old Republic - Knights of the Fallen Empire
Star Wars: The Old Republic - Knights of the Fallen Empire
Preview
Moon Hunters Preview
Moon Hunters
Preview
Dragon Quest Heroes
Dragon Quest Heroes
Preview
Pillars of Eternity
King's Quest: A Knight to Remember
Impressions
Pillars of Eternity
Pillars of Eternity: The White March Part 1
Impressions
Death's Gambit Preview
Death's Gambit
Preview
Random Encounter Episode 96
Random Encounter Episode 96
Podcast
RSS Feeds & More
Complete Feed
Reviews Feed
Media Feed
Random Encounter
Random on iTunes
Rhythm Encounter
Rhythm on iTunes