Namco-Bandai Meets Projections, Profits in Year to March 2011 - News
by VGChartz Staff , posted on 10 May 2011 / 3,320 Views
Data for Namco-Bandai's fiscal year to March 2011 has arrived. After projecting revenue of 395b Yen and profit of 1.8b Yen for the year to March 2011, Namco-Bandai has reached those figures almost exactly. Revenue reached 394.178b Yen ($4.88b) and profit reached 1.848b Yen ($22.9m) for the fiscal year. During the prior fiscal year, Namco-Bandai had lost $370m on revenue of $4.68b, so revenue and profit both improved nicely in the year to March 2011.
In the quarter ending March 2011, Namco-Bandai revenue reached 106.148b Yen ($1.31b), with roughly a $23m loss given profits from April to December 2010 were higher than from April 2010 to March 2011. For the March 2012 fiscal year, Namco-Bandai expects revenues to reach 400b Yen ($4.95b), up 1.5% from the March 2011 year, with profit expected to leap 333% - all the way to 8b Yen ($99m).
Namco-Bandai also provides games shipped by platform and a list of its major hits for the fiscal year. According to the company, the biggest hits were the following titles:
- Tekken 6 (X360, PS3) - 1.15m
- Naruto Ultimate Ninja Storm 2 (X360, PS3) - 1.10m
- Ben 10: Ultimate Alien (Various) - 830,000
- Enslaved: Odyssey to the West (X360, PS3) - 730,000
- Dragon Ball: Raging Blast 2 (X360, PS3) - 580,000
- God Eater: Burst (PSP) - 470,000
- Despicable Me (Various) - 460,000
- Gundam Musou 3 (X360, PS3) - 460,000
- AKB1 / 48 (PSP) - 400,000
Game shipments by platform are listed below for the March 2011 year, in addition to projections for the March 2012 year.
Games Shipped April 2010 - March 2011 Games Projected for April 2011 to March 2012
PS3 5.547m 7.800m
PSP 4.556m 4.210m
DS 3.997m 2.100m
X360 3.034m 2.680m
Wii 2.905m 2.270m
Other 0.566m 0.003m
3DS 0.300m 1.910m
Total 20.905m 21.000m
Namco-Bandai expects roughly flat game sales in the March 2012 fiscal year, but the results will probably be better than what is shown if some NGP games are ready for launch in late 2011. The expectation of decline for all platforms, save for 3DS and PS3 is also interesting considering that Namco-Bandai has been pretty platform agnostic in recent years. Namco-Bandai is also somewhat regionally agnostic - the company now has 10-15% share on the global PSP market - simply by releasing big domestic titles for PSP, while the West sees far less concentrated support leading to smaller market share on other platforms.
Contact VGChartz at jmazel@vgchartz.com
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I played Tekken and Naruto at my friend's home, seems that they were effectively the most sold.
Dohoho, $-23 mill? Namco is very wishy washy with their profits; last quarter they made $69 mill...
The profit increased since the shift from XBOX 360, back to their original market, they can use it to help increase sales but no more only on 360
Losing faith in the X360?
That's a big increase in PS3 games...
Why did they insist on making dark souls multiplat with numbers like those
enslaved has done decent.
Tekken 6 sold 3.3 million copies last time they made an announcement and has since sold another 1.15 million copies since? If thats so, thats a great figure and Tekken 6 has a been a huge hit.
Good job Namco, though I really wished Enslaved sold more. It's a really awesome game.
