Tekken and Tamagotchi helped increase Namco Bandai’s profits

Here’s a quick update for Namco Bandai and its third quarter financial results: overall profits jumped by 112%, all because of several PS2 titles as well as handheld games Tekken: Dark Resurrection (0.84 million PSP copies sold) and Tamagotchi Connection: Corner Shop 2 (0.79 million DS copies sold).

If you want to know, the best selling game was Dragon Ball Z: Budokai Tenkaichi 2 for the PS2 (1.03 million copies sold). We’re pretty sure the company is celebrating right now. And just to give you an idea how well it performed, here’s a breakdown of the results:

• For the three month period, revenues were Â¥ 330.52 billion (US$ 2.77 billion) up 96 percent on the same period in 2005.
• Profit rose by 112.3% to Â¥ 19.89 billion (US$ 166.6 million).
• The newly merged company’s home video games business saw sales rise by 95%, from Â¥ 43.22 billion (US$ 362.1 million) to Â¥ 100.22 billion (US$ 839.3 million).
• Operating profit (net profit data was not revealed per division) rose by 77 % from Â¥ 7.73 billion (US$ 64.7 million) to Â¥ 9.58 billion (US$ 80.2 million).

Well, an raise in profit increase doesn’t always translate to better games in the future, but we can always hope. There’s really nothing much to say right now except “Kudos to Namco Bandai and with all that money, we hope you don’t forget about your fans.”

Here’s a quick update for Namco Bandai and its third quarter financial results: overall profits jumped by 112%, all because of several PS2 titles as well as handheld games Tekken: Dark Resurrection (0.84 million PSP copies sold) and Tamagotchi Connection: Corner Shop 2 (0.79 million DS copies sold).

If you want to know, the best selling game was Dragon Ball Z: Budokai Tenkaichi 2 for the PS2 (1.03 million copies sold). We’re pretty sure the company is celebrating right now. And just to give you an idea how well it performed, here’s a breakdown of the results:

• For the three month period, revenues were Â¥ 330.52 billion (US$ 2.77 billion) up 96 percent on the same period in 2005.
• Profit rose by 112.3% to Â¥ 19.89 billion (US$ 166.6 million).
• The newly merged company’s home video games business saw sales rise by 95%, from Â¥ 43.22 billion (US$ 362.1 million) to Â¥ 100.22 billion (US$ 839.3 million).
• Operating profit (net profit data was not revealed per division) rose by 77 % from Â¥ 7.73 billion (US$ 64.7 million) to Â¥ 9.58 billion (US$ 80.2 million).

Well, an raise in profit increase doesn’t always translate to better games in the future, but we can always hope. There’s really nothing much to say right now except “Kudos to Namco Bandai and with all that money, we hope you don’t forget about your fans.”