Namco Bandai has reported a drop in sales and net income for this business year.The business year, which ended on 31 March, has not been a good one for the Japanese publishing giant going by Edge, with an 11.2 per cent decline in revenue to 378,547 million yen (approximately £2.7 billion GBP) which has led to a loss of 29,080 million yen (approximately £211 million GBP.)The company’s videogame unit saw the biggest operating income loss, it seems, with a 6,845 million yen (approximately £49.7 million GBP) loss and revenues of 137,528 million yen (£998 million GBP).Unusually, PSP games were apparently the biggest sales generator – with total sales across all platforms coming to 22,737,000 games in the past 12 months – despite the single biggest seller being Tekken 6 on PS3 and Xbox 360, with 1,840,000 sales.Still, Namco Bandai is forecasting a return to profit in this financial year, with sales of 400,000 million yen (approximately £2.9 billion GBP) and a net income of 4,500 million yen (approximately £32.7 million GBP.)

Paul Younger
Founder and Editor of PC Invasion. Founder of the world's first gaming cafe and Veteran PC gamer of over 22 years.

    Former Kingdom Under Fire Developer Forms New Studio

    Previous article

    Split/Second DLC Revealed

    Next article

    You may also like

    More in News