RPGFan


Zachary Pintchik
Nippon Ichi Loses Money, Cancels Games, Loses More Money
We're rooting for you d00ds!
08.10.10 - 12:41 AM

It hasn't been a great year for Nippon Ichi Software. Their recently published Q1 earnings report showed an unfortunate 40.6% decrease in revenue compared to Q1 2009, stemming from an operating loss of 15 million (c.f. last year's surplus of 12 million).

These less than savory market conditions led NIS to cancel three games and take a one-time loss of 21 million ($244,545.00). The three games were unannounced titles, so you can still look forward to the games announced at NIS America's Spoiler Party 2010.

Despite the losses and cancellations, things are starting to look up. NIS has already made 32 million ($372,640) in profits on 269.75 million ($3.14 million) in sales this fiscal quarter, and with their new emphasis on developing fewer - but higher quality - games should see those profits continue to increase in the near future.


Back





Featured Content
Random Encounter Episode 93
Random Encounter Episode 93
Podcast
Story of Seasons Review
Story of Seasons
Review
Xenoblade Chronicles X Preview
Xenoblade Chronicles X
Preview
Etrian Mystery Dungeon Review
Etrian Mystery Dungeon
Review
Music of the Year 2014: Day Seven
Music of the Year 2014
Day Seven
RPGFan Music Features
RPGFan Features
Now with Music!
Atelier Shallie: Alchemists of the Dusk Sea Review
Atelier Shallie: Alchemists of the Dusk Sea
Review
RSS Feeds & More
Complete Feed
Reviews Feed
Media Feed
Random Encounter
Random on iTunes
Rhythm Encounter
Rhythm on iTunes