Namco Bandai present incredible earnings
It's no secret that Namco Bandai is a huge advocate of Sony and the PlayStation 3 -- just like how Capcom might be a huge advocate for Microsoft and the XBox 360. There's no shame in it. Every developer and publisher might find their niche in certain hardware and dev kits. That's why when Namco Bandai (hereafter known as NamBan for the heck of it) released their earning statements for the period ending March 31st, we must rejoice at their success.
First up, NamBan's full year profits were in the green with a 71% growth, despite slower-than-expected sales of the PS3 and its games. The last quarter ending saw an increase of 1.8% in net sales (about $3.83 billion). Most game sales were generated in Japan, with heavy hitters including Gundam, Tamagotchi (seriously?), and Power Rangers (seriously!).
They're doing well and expect to increase further next year. They propose a 4.5% increase to net sales, operating income to rise 6.6%, and net income to go up by about 9.3%. None of this matters, though, unless we go out and buy their games. So, everyone together now, let's say that tired line we know and love: Riiiiiiiiiiiiidge Racer! Break!