Namco Bandai boosts profits despite flat game sales

Tekken Tag Tournament 2 the publisher's only game to break 1 million units this fiscal year

Namco Bandai Holdings saw profits rise in the third fiscal quarter despite reporting flat revenues.

In the third quarter of the fiscal year ending March 2013, Namco Bandai posted revenues of 128 billion ($1.36b/873m), marginally down from 129.1 billion a year ago. The company made a profit of 10.7 billion ($114m/73m), up from 8.3 billion year-on-year.

The Content segment - which combines the old business segments of Game Contents, Visual and Music Content - was the single biggest contributor of revenue, generating 68.2 billion ($729m/465m) in the quarter. That's an improvement of less than 4 billion over the prior year, though Content significantly boosted its operating profits from 6.2 billion to 10.8 billion.

Within the Content division, Game Software has now generated 58.9 billion ($629m/401m) in the nine-months of the fiscal year so far, slightly up from the 56.5 billion earned at this point a year ago. Namco Bandai's biggest success this year is Tekken Tag Tournament 2, which has sold 1.35 million units to date - the only Namco game to sell more than 1 million.

Namco Bandai's business is still almost entirely focused on its domestic market, with 108.3 billion of its 128 billion revenue coming from Japan.

Related stories

Wolfenstein takes UK #2, but Project Cars stays on top

Final Fantasy X/X-2 HD Remaster debuts in fifth

By Dan Pearson

Project Cars gets second release delay

Slightly Mad Studios racer now set for early April

By Rachel Weber

Latest comments

Sign in to contribute

Need an account? Register now.