Advertisement

Namco increases financial forecast thanks to Tales of Xillia

Tales of Financial Matters

Andriasang reports that Namco Bandai has raised its earnings forecast (PDF) for the first six months of the year. Sales, previously pegged at ¥178 billion ($2.3 billion), are now expected to reach ¥194 billion ($2.5 billion); meanwhile, operating income (i.e. profit) projections have risen sharply from ¥6.5 billion ($85.6 million) to ¥15.5 billion ($204.3 million).

The projections were raised on the back of high sales of Tales of Xillia and (ahem) AKB1/48 If I Loved an Idol in Guam. Just to be clear, AKB1/48 If I Loved an Idol in Guam is the full title of an actual game. We're not talking about Namco's newfound success in the island territory of Guam.