Latest in Gaming

Image credit:

Namco Bandai nine-month net profits rise by 72 percent

Shares
Share
Tweet
Share
Save
Namco Bandai's fruitful fiscal year continued with nine-month net profits of just under ¥28 billion, which converts to around $300 million. That represents year-on-year growth of 71.7 percent, while net revenue rose by 8.4 percent to ¥351 billion, or $3.78 billion. While other companies are slashing their end-of-fiscal-year net profit forecasts, Namco adjusted its forecast up by 6.5 percent to ¥24.5 billion, around $264 million.

In terms of games, 1.35 million worldwide sales of Tekken Tag Tournament 2 contributed a fair amount to those figures. Namco also sold 870,000 copies of Soulcalibur 5 across the nine months, taking its total to a healthy 1.56 million, as well as 660,000 of Naruto Ultimate Ninja Storm Generations and 500,000 of Tales of Xillia 2, released exclusively in Japan on PS3 back in November.

Xillia 2 was Namco's second highest-selling game in Japan last year behind One Piece: Pirate Warriors, but we'll likely have to wait a good long while to play it if does get Western localization, given that the original Xillia is only set to arrive here later this year.