Namco Bandai games sales at ¥28bn for half year

Namco Bandai's games software division has registered sales of ¥28 billion for the six months ending September 30, 2011. Six month revenues across all of the company's divisions stand at ¥194.2 billion.

Profits specific to the games division were not revealed, but as a whole Namco Bandai's business made a profit of ¥8 billion, in line with revised predictions issued last week.

The results are a massive increase from a loss of ¥1.9 billion for the same six months last year, which resulted in full year profits of ¥1.85 billion.

For the full Japanese financial year of 2010 the company made a loss of nearly ¥30 billion. This year, full year profit forecasts for the company are estimated at ¥15 billion.

To put the the ¥28 billion sales figure for games in perspective of the company's operations as a whole, the Toys and Hobby division made revenues of ¥81.6 billion, whilst arcade machines raised ¥33.8 billion.

Japan remains the game division's strongest market, accounting for over 4 million unit sales, whilst the rest of the world accounts for 3.1 million. Overall, 7.2 million software units were sold across 28 titles worldwide.

The group predicts total software sales of 21.5 million worldwide for the full year, which would roughly be in-line with last year's actual result of 20.9 million.