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
PAX Prime 2015: Eon Altar Hands-On Preview
PAX Prime 2015: Eon Altar
Hands-On Preview
PAX Prime 2015: Shadowrun: Hong Kong Hands-On Preview
PAX Prime 2015: Shadowrun: Hong Kong
Hands-On Preview
Random Encounter Episode 4-2
Retro Encounter 4-2
Podcast
Before the Fall: Final Fantasy XIV OST Review
Before the Fall: Final Fantasy XIV OST
Review
Epanalepsis Review
Epanalepsis
Review
Until Dawn Review
Until Dawn
Review
King's Quest Chapter I: A Knight To Remember Review
King's Quest Chapter I: A Knight To Remember
Review
RSS Feeds & More
Complete Feed
Reviews Feed
Media Feed
Random Encounter
Random on iTunes
Rhythm Encounter
Rhythm on iTunes