Namco Bandai sees $67 million loss
First half of 2010 looking bleak for Japanese gaming giant
GamesIndustry.biz is now reporting that Namco Bandai has put out figures showing a loss of ¥6 billion (around £40 million) for the first half of the current financial year. Last year, the same period saw a ¥1.3 billion (just under £9 million) profit.
Naturally, this shows a significant drop in game sales, with the period ending September 30th down 9.5 per cent year-on-year to ¥172.7 billion (£1.15 billion). Despite this, the company remains optimistic that Tekken 6 could yet prove to be a saviour toward the end of the financial year.
None of this sounds particularly hopeful for the mobile branch of Namco Bandai, though its iPhone presence is likely to remain active.