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Bandai Namco sees game revenue fall by 28%

Both sales and profits have dropped off at Bandai Namco as the company's games business failed to better last year's showing.

Chris Kerr, News Editor

August 8, 2017

1 Min Read

Bandai Namco has released its financials for the three months ended June 30, and the Japanese publisher has seen both sales and profits fall away.

Across the company as a whole, net sales fell by 0.5 percent year-over-year to 144 billion yen ($1.3 billion), while profits dipped by 27 percent to 13.49 billion yen ($122 million) during the same period. 

The company's home video game business also stuttered somewhat, with game revenues falling by 28 percent to 21.4 billion yen ($193.6 million). 

That's the despite the fact the publisher actually released 46 new titles this quarter as opposed to 41 last year. Those new releases sold 5.62 million units worldwide during the three month period, with 2.81 million of those sales coming out of Europe. 

Looking at the company's performance in the U.S and Japan, sales in those regions totaled 1.87 million and 930,000 units respectively. 

All things considered, Bandai Namco is now forecasting net sales of 620 billion yen ($5.6 billion) and profits of 40 billion yen ($362 million) for the end of this fiscal year on March 31, 2018.

About the Author(s)

Chris Kerr

News Editor, GameDeveloper.com

Game Developer news editor Chris Kerr is an award-winning journalist and reporter with over a decade of experience in the game industry. His byline has appeared in notable print and digital publications including Edge, Stuff, Wireframe, International Business Times, and PocketGamer.biz. Throughout his career, Chris has covered major industry events including GDC, PAX Australia, Gamescom, Paris Games Week, and Develop Brighton. He has featured on the judging panel at The Develop Star Awards on multiple occasions and appeared on BBC Radio 5 Live to discuss breaking news.

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