Namco Bandai Q1 profits down 63%

MCV Staff 6th August 2008 Publishing

Namco Bandai has posted 1.02 billion Japanese yen ($9.4 million) in net profit for the three months to June 30th, 2008 – 63 per cent down from the previous year.

Revenues stood at 90 billion yen ($826m), a dip of 6.4 per cent year-on-year, whilst operating income for the first quarter, fell from 4.47 billion yen ($41m) in Q1 2007-2008 to 1.53 billion yen ($14m).

The firm’s video games division reported Q1 sales of 25.5 billion yen ($233.3m) – year-on-year growth of 3.8 per cent. 13 titles were shipped globally.

The break down of sales saw 1.7 million units shifted in Japan during Q1, while 1.39 million were sold in Europe. 740,000 and 113,000 units were sold in North America and Asia respectively.

The company’s biggest-selling title during Q1 was Dragon Ball Z Budokai Tenkaichi 3, of which 420,000 units were snapped up in Europe.

Namco Bandai has now has full year sales of 470 billion yen, up 2.1 percent on FY 2007-2008.

Operating income is expected to hit 38 billion yen, up 13.7 percent, whilst net profit is forecast to decline by 31 percent to 22.5 billion yen.

Tags

About MCV Staff

Check Also

470 Pacific [Industry news] Pacific Standard Creative Launches as New Division of Pacific Standard Sound, Merging World-Class Film, Television, and Video Game Capabilities

[Industry news] Pacific Standard Creative Launches as New Division of Pacific Standard Sound, Merging World-Class Film, Television, and Video Game Capabilities

Pacific Standard Sound (PSS), the award-winning sound design and full service post production and sound company whose work spans some of entertainment's most iconic properties, today announced the launch of Pacific Standard Creative (PSC), a new division purpose-built to serve the evolving storytelling and production needs of video game development studios, advertising agencies, trailer houses, and independent productions who demand world-class sound without compromise. Pacific Standard Creative will be helmed by industry veteran Eric Marks, who brings more than a decade of audio and engineering leadership, as well as two years as the Vice President of the Motion Picture Sound Editors (MPSE).

© Copyright 2026, MCV. BizMedia