Bandai Namco has announced a closed beta test for its new PvPvE extraction shooter Synduality Echo of Ada.
16.02.2024 - 14:53 / gamesindustry.biz / Bandai Namco
Bandai Namco has released its financial results for the nine months ending December 31, 2023, reporting a drop in sales in its Digital Entertainment segment and overall profit while its total net sales showed a slight increase.
Net sales: ¥772 billion ($5.1 billion, up 3.9% year-on-year)
Profit: ¥84.4 billion ($560.9 million, down 28.5% year-on-year)
Digital entertainment sales: ¥263 billion ($1.7 billion, down 8.9% year-on-year)
The publisher attributed its drop in profit to not having a title match the copies sold by Elden Ring last year, despite the popularity surrounding new releases like Armored Core 6 and Tekken 8 – both of which sold more than two million copies since launch.
"In addition to valuation losses related to new online game titles and other titles introduced this fiscal year, we recorded a loss on disposal due to a review of title organisation with a view to the next mid-term plan," it said.
In response to this, the games firm said it planned to strengthen its title portfolio and follow stricter quality control during development.
Bandai Namco also confirmed that "at least" five titles had been cancelled, as translated by VGC in a Q&A following the financial results.
When detailing the review of its development structure, the games firm said this will involve "narrowing down titles" and "changing the method of recording development expenses."
"Due to the longer development period for games, the time from investment to payback is also lengthening," it said.
"In addition to narrowing down titles, we are considering the best way to optimise our titles by classification, such as strategic worldwide titles and casual titles for light users."
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Bandai Namco has announced a closed beta test for its new PvPvE extraction shooter Synduality Echo of Ada.
Publisher Bandai Namco and developer Gme Studio will host a closed beta test for SYNDUALITY: Echo of Ada from March 28 through April 1 across PlayStation 5, Xbox Series, and PC via Steam, the companies announced. Registration is available here: North America / Europe / Japan.
Bandai Namco RPG Ray Gigant has been quietly delisted from Steam, with fans no longer able to purchase the dungeon-crawler originally developed by Experience. As one of the biggest third-party developers, Bandai Namco has released a wide variety of games, both featuring licensed games and original properties. The massive studio holds video game rights for several of the most popular anime series, including the Dragon Ball franchise, Naruto, and Digimon. Now, one of the publisher's lesser-known games has suddenly been removed from Steam, making it unavailable on modern platforms.
Publisher Bandai Namco and developer Dimps have announced that Dragon Ball Xenoverse 2 will be coming to PS5 and Xbox Series X/S on May 24. Those who already own the PS4 or Xbox One versions will be able to upgrade to the current-gen versions of the game, while also hanging on to all of their save data.
will finally arrive on current-gen consoles later this year, with Bandai Namco confirming the PS5 and Xbox Series X|S versions of the game’s release date.
The PlayStation 5 and Xbox Series versions of Dragon Ball Xenoverse 2 will launch on May 24, publisher Bandai Namco and developer Dimps announced.
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Arc System Works-developed fighting game Dragon Ball FighterZ will launch digitally for PlayStation 5 and Xbox Series on February 29 with rollback netcode, publisher Bandai Namco announced. It is available now in regions where it is already February 29.
Tekken 8 has sold two million copies in its first month, according to publisher Bandai Namco.
Rejoice, Elden Ring fans, as the Shadow of the Erdtree expansion now has a nailed-down release date of June 21. What's better than that? Well, a discount on DLC of course. It's currently priced at $39.99 MSRP, sparking speculation that this could truly be a massive offering for fans. But, if you're on PC, we highly recommend picking up Shadow of the Erdtree from Green Man Gaming, a trusted online PC code merchant who currently has the DLC listed for $35.19 instead (see here) / £30.79 in the UK.
Tekken 8 has sold over two million copies in the first month after launch, publisher Bandai Namco has announced.
Elden Ring, the acclaimed fantasy RPG from FromSoftware, has sold over 23 million copies since its release in 2022, Bandai Namco has confirmed. The publisher revealed the sales figure in wake of the gameplay trailer and release date reveal of the game's first major expansion, Shadow of the Erdtree, on Wednesday. Exactly a year ago, Bandai Namco had announced that Elden Ring had sold 20 million copies worldwide.