Namco Bandai posts $23 million full-year profit

Japanese publisher's 2010 sales led by 2009's Tekken 6 with 1.15 million; Naruto: Ultimate Ninja Storm 2 moves 1.1 million, Enslaved sells 730,000.

Namco Bandai faced choppy economic waters during its 2010 fiscal year, when net losses topped ¥29.9 billion ($370 million) on revenue that was off 11 percent year-over-year. The good news is that the publisher has made significant strides toward righting its ship during the fiscal year ended March 31, 2011.

Tekken 6 remains a heavy hitter for Namco Bandai.

Today, Namco Bandai issued its fiscal-year 2011 earnings report, revealing gains on both the revenue and profit fronts. Total sales for the publisher came in at ¥394.1 billion ($4.88 billion), up 4.1 percent from last year's steep decline. The publisher also turned a modest profit, pulling in ¥1,848 billion ($22.9 million) for the year.

The gaming content segment, which produces console, handheld, and arcade games for the publisher, saw a substantial rebound during the fiscal year, contributing an operating profit of ¥3.092 billion ($38.3 million). Sales for the segment came in at ¥179.9 billion ($2.23 billion), trumping those of Namco Bandai's stalwart Toys and Hobby division by some ¥21 billion ($260 million).

Though it was released in 2009, Tekken 6 remained the top title for the publisher during its 2011 fiscal year, selling an additional 1.15 million units. Naruto: Ultimate Ninja Storm 2 also achieved platinum-level sales of 1.1 million units. Ben 10: Ultimate Alien was the publisher's third best-selling game, shifting 830,000 units. It was followed by Enslaved: Odyssey to the West, which sold 730,000 units.

Looking to its in-progress fiscal year, Namco Bandai plans to focus on the PlayStation 3, PSP, DS, and 3DS. The publisher said it expects to release 26 new PS3 titles, 25 new PSP games, while Nintendo's DS and 3DS will get 14 and 17 games, respectively. Namco Bandai indicated that it is all but abandoning the Xbox 360, cutting its offerings for the platform to just one.

Namco Bandai also laid out its earnings projections for the April 1, 2011-March 31, 2012 period. The publisher expects sales to rise 1.5 percent to ¥400 billion ($4.95 billion). Profit is expected to rebound substantially, rising nearly 333 percent to ¥8 billion ($99 million).

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41 comments
metalkitten
metalkitten

get enslaved! - i got it for supercheap not long ago and i gotta say its a really amazing game - a shame that good games goes to waste - i bought one for my ps3 and one for my friends x box360 (she loved it too)

Ex-DarkBlade
Ex-DarkBlade

@mellow09, Xbox 360 is rising in sales mostly in the U.S.A. not in the whole world. Plus, the reason why Xbox 360 is a top seller is because most of the old Xbox 360 players are buying the slim.

Sagacious_Tien
Sagacious_Tien

Seems ridiculous for them to abandon the Xbox 360. It has a massive install base and any game made for PS3 could easily be done so for the Xbox 360 as well. No wonder their sales are abysmal.

thejokerman1992
thejokerman1992

To any PS3 user that it looking for a game. I'd seriously recommend Enslaved. It has great gameplay, characters, and story. You could probably get it at budget price now as well.

FallenOneX
FallenOneX

Is it too much to ask for a "Tales" game??? I'd even settle on remakes right about now.

Brokenhope69
Brokenhope69

Enslaved 2 and Splatterhouse 2, please! I want sequald to the 2 best games they ever published!

PlatinumPaladin
PlatinumPaladin

The thing with Namco is that there best quality games aren't usually best sellers. They'll sit on retailers chart shelves for a week, maybe two, then take up residence on less profile shelving. I think they make up for this by producing a lot of fairly poor games that sell solely on the strength of their names. If they only plan to release one game on 360 this year, does that mean they're pulling 360 development for games they've already announced as being on the machine?

pszone
pszone

82 games all together for Ps3 psp ds will 3DS why not about xbox360 they just getting one dark souls or right is it bacuase they dont sell much there profits on xbox360 oh dear

quicksilver_03
quicksilver_03

Wow that's good news for Sony and Nintendo. So does that mean now can they release all the good games to localize here in the US. I think it's time for them to release PS3 - Tales Of Vesperia (or all of the Tales series) or any good RPG's from Japan. Now hear this Namco Bandai...you want our money, then release those goodie games to PS3 especially TALES OF VESPERIA. The people are demanding for that game. ^_^

deathknightleo
deathknightleo

dark souls can;t wait for them to publish this i am surprized atlus is not putting this one out also like it did demon's souls for the us... sony did the jp release of demons souls... so kinda shocked on the whole namco bandai releaseing it...

Iridescent406
Iridescent406

You know somethings wrong when Ben 10 is selling more than something like Enslaved... Oh yeah, also can't wait for Soul Calibur 5.

ffviiifreak
ffviiifreak

I hope they do better this year because they have tons of great properties and they need to much better. I bought two of their games new last year and plan on buying a couple of their games this year too I hope they can find the superior investment.

SDBusDriver1979
SDBusDriver1979

Namco shafted Tales games outside of Japan. Report profits ;n;

GulliversTravel
GulliversTravel

Dayum, that means Tekken 6 has sold more than 4 million copies beating all the PS2 entries to the series!

method115
method115

@Sohereiam Exactly what I was thinking, TOV is still one of the the best games I've played this gen.

Sohereiam
Sohereiam

I just hope for more Tales games.

soulless4now
soulless4now

Not bad at least most of their games sold a million.

suprsolider
suprsolider

Don't care. I hate Namco for what they did to SPLATTERHOUSE. GO TO HELL NAMCO.

Jessica_M_C
Jessica_M_C

@BahamutZero92. I would like to add Mobile Suit Gundam games to that letter of non-localised releases as well.

vadicta
vadicta

Enslaved actually made a bit of a dent.

HaloPimp978
HaloPimp978

All we now is an exact release date for Graces F.

x-2tha-z
x-2tha-z

As long as 360 gets Dark Souls, I'm good. At least I won't have to worry about the servers being shut down if I get the 360 version.

BahamutZero92
BahamutZero92

Dear Namco Bandai, Please actually publish some of the other Tales games over here, it's absurd how many of them never get translated. Seriously, you guys are on the top of the trope page for "No Export For You" Thanks :P

mellow09
mellow09

I want to know who at Namco Bandai looked at the state of the PS3, the state of Japan (Sony's top buyer), psp and ds going into last gen status, then looks at 360's rising sales and makes the decision to focus on ps3, psp, ds, and abandon the 360. That's just odd.

EPaul
EPaul

I'm happy too hear Naruto UNS2 sold a million copies,best naruto game out there

CorruptGamerGX
CorruptGamerGX

Would've made more Scamco if you didn't make all those crappy "Westernized" titles. Here's hoping this year we AREN'T nickel and dimed for ludicrous amounts of DLC and Tales of Xillia true release announcement.

Megavideogamer
Megavideogamer

All but abandoning the Xbox 360? But at least they are supporting the Playstation 3 and PSP.

Blue-N-Yellow
Blue-N-Yellow

Good, now you have no excuse for not localizing Vesperia for PS3

maximumbarmage
maximumbarmage

Wow, all but abandoning the 360? I know they've had some high profile bombs on the console, but this strikes me as a bit of an extreme measure.

hardcoreLazors
hardcoreLazors

Hopefully that new dbz game called '' project 2011 ''

Ex-DarkBlade
Ex-DarkBlade

"The publisher said it expects to release 26 new PS3 titles, 25 new PSP games, while Nintendo's DS and 3DS will get 14 and 17 games, respectively" Wow, 82 games. That's a lot. I think Namco Bandai is over doing it.

Chico_Azteca
Chico_Azteca

Tales of Graces F and Abyss 3DS release dates NOW!

Hoodlumz
Hoodlumz

yes storm 3 is a must it just needs a little more fine tuning and it will be perfect

KH-mixerX
KH-mixerX

@thingta42: They gotta let the anime put some distance between the end of Storm 2 first. I don't think they have enough material to go off of yet.

thingta42
thingta42

Lets hope the really good sales of Ninja Storm II will make Namco make a Storm 3

roboccs
roboccs

Hopefully this will make it possible to localize Tales of Xillia and Tales of Vesperia on PS3

gatsbythepig
gatsbythepig

Let's hope they can start making some good games.