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Strong video game sales for Namco Bandai
Strong video game sales for Namco Bandai
November 2, 2012 | By Mike Rose

November 2, 2012 | By Mike Rose
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More: Console/PC, Business/Marketing

Namco Bandai today announced increased revenues and profits for the first half of the 2013 fiscal year, with strong video game sales a key factor.

The company's Content segment, which includes its video game business, saw improved results year-over-year thanks in part to increased retail game sales. Namco Bandai sold 9.1 million software units across 104 titles during the first six months of the current fiscal year, compared to 7.2 million units sold across 69 titles year-over-year.

Breaking those figures down, the largest improvements were seen in the U.S. (3.4 million units sold compared to 1.9 million year-over-year) and Europe (2.4 million sold compared to 1.1 million year-over-year.) In comparison, Japanese sales figures were actually reduced (3.4 million units sold across 75 titles, compared to 4.2 million units sold across 44 titles).

In particular, Tekken Tag Tournament 2 sold 840,000 units in Japan and Europe, while Soul Calibur V managed 680,000 units sold across all regions.

Namco Bandai's best platform for sales was the PlayStation 3, with 3.3 million units sold in total across all regions, compared to 1.8 million sold for PSP, 1.5 million sold for Xbox 360 and 1.0 million sold for Nintendo 3DS.

For the fiscal half ended September 30, 2012, the company's Game Software business saw revenues of 31.5 billion ($392.3 million), up compared to last year's 28.0 billion ($349.0 million).

For the entire Content business, revenues were 116.7 billion ($1.4 billion), up 34.6 percent compared to 86.7 million ($1.1 billion) year-over-year, and operating income of 20.1 billion ($251.0 million), up 275.0 percent compared to 5.4 billion ($66.9 million) year-over-year.

Overall, Namco Bandai saw revenues of 222.6 billion ($2.8 billion), up 14.6 percent compared to 194.2 billion ($2.4 billion) year-over-year, and profits of 17.3 billion ($215.7 million), up 115.8 percent compared to 8.0 billion ($99.6 million) year-over-year.

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