Fri, Nov 06, 2009 | 18:35 GMT
Namco Bandai reports $66.7 million loss for first half of fiscal year
Namco Bandai has reported its financials and within the pages, a net loss of ¥6.04 billion ($66.7 million) for the first half of its fiscal year was noted.
A net income of ¥1.28 billion ($14.14 million) was reported for the same time period in its last fiscal year, and while the loss sounds like big one, the publisher is expecting to line the coffers with ¥8.5 billion ($93.6 million) net by the end of the fiscal year (March 31, 2010).
Ben 10 led in software sales,with Alien Force and Protector of the Earth sell a combined 810,000 units.
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Posted in: Financials, Namco Bandai, Retail, Trade
Tags: namco bandai financials
2 comments
#1
blackdreamhunk
06/11/09, 11:14 pm
another publisher is taking a loss lol
#2
OlderGamer
07/11/09, 12:46 pm
I don’t know. I see this as a Japanesse company struggling with shifting markets. Add in second hand sales. Add in the fact that Ben 10 is their top game. I think it less to do with the downfall of the evil console gaming empire then you like to make things out to be. I would that Tekken sales should help pick these guys up a bit. But I truly think many JP devs/pubs should rethink their JP specific thinking.