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Nippon Ichi Software financials show profit down by 97.5%

Friday, 5th February 2010 20:29 GMT By Stephany Nunneley

disgaeads3

Nippon Ichi, the developer behind Prinny, Disgaea, and Holy Invasion of Privacy has announced its financial earnings.

It’s not good folks.

Turns out, during the first nine months of this financial year, operating profit was down 97.5 percent (via Kotaku).

How this bodes for the Prinny sequel announced back in October is anyone’s guess, but hopefully the company will come out of it.

Best of luck to ‘em.

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17 Comments

  1. Phoenixblight

    WoW

    #1 5 years ago
  2. onlineatron

    Yikes…

    Admittedly I’ve never cared about NiS titles… I’d never wish that upon a company.

    Perhaps they should ease up on the whole PlayStation exclusive stuff?

    #2 5 years ago
  3. Gekidami

    Most of the stuff they released in 09 was for DS.

    #3 5 years ago
  4. onlineatron

    Really?

    Guess I’m only familiar with stuff like Disgia (sp?), Prinny, Badman, Last Rebellion etc…

    #4 5 years ago
  5. Gekidami

    Probably because alot of their DS and Wii stuff dosnt really leave Japan. But they’re in no way exclusive to Playstation.

    #5 5 years ago
  6. Psychotext

    That’s a company ending loss of revenue. I hope they have something big lined up.

    #6 5 years ago
  7. onlineatron

    Well then, would it be fair to say the majority of their western releases are PlayStation exclusive?

    That’s bound to hurt them… releasing their niche, japanese centric titles in the west on the third place console and second placed handheld.

    #7 5 years ago
  8. Gekidami

    I think only one of their PS3 games actually came west with the others doing fairly well in Japan. And as for their PSP games; Considering DS software sales (especially 3rd party) i doubt it would have made much of a difference for them tbh.

    #8 5 years ago
  9. Scyrenn

    Pinny?

    #9 5 years ago
  10. Michael O’Connor

    This makes me sad faced. =(

    #10 5 years ago
  11. Neolucifer

    I love them but it was highly deserved . Disgaea 3 is still very good , but would be awesome if not the same rehashed stuff , at least when it comes to graphics .

    Change is coming with at least truly next gen titles in the work , but the backlash is received after milking too much their stuff .
    NIS could easily behave like Gust , from software and Atlus , and thus received the same kind of success , and they did the opposite : pumping ps2 quality titles on every available platform and ten thousands versions of disgaea 1 .

    #11 5 years ago
  12. Hunam

    I hope my friend doesn’t read this. He and Disgaea have an unholy connection and if he is deprived of it he might just feel there isn’t much left to keep him attached to this mortal coil.

    Maybe not that much, but he has bought every Disgaea game on every system and put 100-300 hours into each.

    #12 5 years ago
  13. Blerk

    It’d be an absolute crying shame for NI to fold, they’re quite unlike any other company out there. The death of the PS2 really seems to have hit them hard, and their concentration on DS and PSP stuff doesn’t seem to have worked out at all – niche titles for platforms that are rife with piracy seems to be a recipe for disaster.

    I’d love to see them try and go the XBLA/PSN route, but ultimately it might be too late now. :-(

    #13 5 years ago
  14. Neolucifer

    i dont want them to go XBl/PSN , that would be a cheap cop out , and then let’s just put them out of their misery .

    The solution they already have it and know it . It’s to actually release next gen titles for either/both the ps3 (or 360) and the wii .

    They already had such project , it is coming , they were just too greedy and abused old gimmicks for a bit too long

    #14 5 years ago
  15. Psychotext

    Why would XBLA / PSN be a cheap cop out?

    #15 5 years ago
  16. Neolucifer

    Because quite frankly most xbl/PSN titles dont have the production value and quality of “retail” or games on demand games .
    HArdly all of them are Wipeout HD ,or shadow complex level .

    I dont see why if NIS wouldnt invest in better looking engines and newer games concept , would they do more than the average XBl/PSN game instead . They’d keep doing ps2 level titles instead , wich i’d still enjoy , but it wouldnt be a good evolution .

    Dont misunderstand , i love them , but they can do clearly better than what they’ve done in 2008-2009 so far . I want the NIS that does stuff like Soul Nomad … not disgaea 1 deluxe ultra edition

    and they already are planning to do better

    #16 5 years ago
  17. Blerk

    I disagree. NIS is a small company doing small, niche games. Putting large amounts of money into full retail releases is just going to be the end of them because the games just don’t sell to a wide enough audience.

    Moving to the download services means they can keep their games small and fun without having to pander to the masses in order to get retail shelf space, and it would entirely remove the piracy issue which has crippled their handheld releases.

    I think you do XBLA/PSN titles a disservice, Neo – not every game needs the production values of a retail package. There have been some astonishing titles released download-only in the last 12 months.

    #17 5 years ago

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