Niche Japanese publisher Nippon Ichi hasn't had a very good year. With an expected loss of 299 million yen ($3.33 million) for the fiscal year, it's clear NIS must make drastic changes to turn things around. According to a report by Andriasang, the company blames its poor performance for relying too much on externally-developed games, something that will be rectified in the coming fiscal year. 2010 will feature a more focused title catalog, with only eight game releases.

With 1.6 million Disgaea games sold so far, the franchise is unquestionably Nippon Ichi's most valued asset. Going forward, the company plans on releasing yet another Disgaea title for the PS3. The new release is part of a new initiative at the company to focus on potential growth areas: PS3 software, and the North American market.

However, the off-the-radar release of their last PS3 game, Last Rebellion, proves Nippon Ichi may not be properly equipped to exploit the current generation. Disgaea may be well known in the hardcore gaming community, but will another game be enough to turn Nippon Ichi's fortunes around?

This article was originally published on Joystiq.

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