Atlus U.S. Records $5 Million Profit For 2010, Attributing Success To Demon's Souls
Index Holdings, the new parent company
of Shin Megami Tensei
publisher Atlus, has released its latest U.S. division financial results, recording profits of 437 million yen ($5.39 million) for the fiscal year, up from a loss of ¥104 million ($1.2 million) in 2009.
Over the course of the financial year, which ended August 31 for the company, Index Holdings reported that Atlus USA made ¥3.299 billion ($40.7 million) in sales, up from ¥2.732 billion ($33.6 million) in 2009.
In the report the company apportions a great deal of this success to Demon's Souls
, the PlayStation 3 sleeper hit developed by From Software and picked up for North American publishing by Atlus.
While Demon's Souls
, an unforgiving action RPG, had a poor showing at the Tokyo Game Show ahead of its release, word of mouth support from players following its release and a favorable critical reception saw sales build steadily over the course of the year.
The news of Atlus' U.S. financial turnaround comes as the Japanese arm of the publisher announced a Japanese release date of February 17 for Catherine
, the company's first PS3 and Xbox 360 HD title, which has been garnering attention for its unique style and seemingly mature themes.