Namco Bandai financials show slight improvement YoY for first half of 2010

By Stephany Nunneley

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Namco Bandai has released its financial results the first half of its fiscal year, which ended on September 30, and the company reported net sales of ¥173.60 billion ($2.13 billion) which is up slightly over last year during the same period.

Despite being up a bit, the company reported a net loss of ¥1.93 billion ($24 million), but that is still an improvement over its net loss of ¥6.04 billion ($74 million) for the same period last year.

The firm’s content division, which consists of games as well as music and videos, reported ¥71.45 billion ($879 million) in sales which was still a loss of ¥2.6 billion ($32 million).

Its toys and hobby sector pulled in ¥72.22 billion ($888 million) with income for the division hitting ¥7.07 billion ($87 million).

Namco’s best-selling title for the period was the movie-based game Despicable Me, which moved over 390K units, while Dead to Rights: Retribution sold 350K.

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