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Namco Bandai sees Japanese mobile game subscribers drop 8% to 2.1 million during Q1 2012

Overall company sales up 8% to $1.1 billion

Namco Bandai sees Japanese mobile game subscribers drop 8% to 2.1 million during Q1 2012

Japanese game publisher Namco Bandai (TYO:7832) has announced its financial figures for Q1 FY12, for the three month ending June 30.

Net sales were ¥88.2 billion ($1.1 billion), up 7.7 percent year-on-year.

Net income was ¥3.25 billion ($42 million), compared to a loss of ¥1.64 billion ($21 million) a year ago.

The company finished the quarter with net assets of ¥210 billion ($2.7 billion).

Domestic crunch

Namco Bandai doesn't break out its mobile business, filing the figures along console sales within its general Content category.

However it does detail what it calls mobile pay subscriber numbers (Japanese-only).

It had a total of 2.1 million paid subscribers for its game services, down 7.9 percent compared to March 2011. This follows a trend that saw the company lose 18 percent of its game subscribers during the previous quarter.

Combining its mobile game, characters, sound and other users, in June Namco Bandai had 3 million paid mobile subscribers, down 8 percent compared to March.

3DS support

When it comes to handheld gaming, the company sold 622,000 3DS games, 614,000 DS games and 595,000 PSP games.

On 3DS, One Piece Unlimited Cruse SP sold 170,000 units and Tales of the Abyss 150,000, both in Japan. In the US, Ridge Racer 3DS sold 90,000.

[source: Namco Bandai (PDF)]


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