Quick Jump Daily Digest

Thank you for your interest in the Quick Jump Daily Digest. Get notified of all new content on QJ in our free Daily Digest. To subscribe, enter your email address below and click the subscribe button.


Email Address:


Email will come from "donotreply@caputomedia.com". Please whitelist this email address.

Cancel and Return to page

Namco Bandai posts huge loss, lays off 630 staffers

Posted Feb 2, 2010 at 3:40PM EST by Karl B.

Listed in: PSP, Wii, PS3, Nintendo DS, Xbox 360 Tags: Namco Bandai, tekken 6
Ó

 

tekken-6-logo

 

 

Namco Bandai had a good 2008. For the nine months ending December 31, 2008, the company posted profits of US$ 99.5 million. Unfortunately for the company, that got completely reversed this year.

 

For the nine months ending December 2009, Namco Bandai posted a loss of more than US$ 129 million. Subsequently, they've put a "group restart plan" into effect -- which is apparently just a fancy way of saying "layoffs" -- that resulted in around 630 staffers losing their jobs.

 

The company revealed that most of their games released during the current fiscal period fell below their sales projections. The only one mentioned to have met its forecast was Tekken 6.

 

 

 

Via [Edge]



This story sucks? This story rocks!
Vote Now!    This story ROCKS! (0) This story SUCKS!! (0)




Become a Member of QJ.Net!

If you want your comments to go live without waiting for moderation, you need to be logged in. Being logged in has its benefits:
  • Logged in members do not wait for their comments to be approved.
  • Logged in members can sign up for nightly updates.
  • Logged in members can create Profiles to be seen by other users.
So why wait? Create an account or login now! It's easy, quick, and free.

To get started, use the LOGIN boxes, or the REGISTER link at the top right!

Comments 


 
# RE: Namco Bandai posts huge loss, lays off 630 staffersKarl B. 2010-02-02 16:45
It's always sad to hear about layoffs. Hope those people find new jobs soon.

Reply
 

 
# great....Guest 2010-02-02 17:15
there goes any chance of any 2-d tales games being ported to the U.s this year. come on NB, now's the time to bring over Tales of Graces.

Reply
 

 
# no offense, but...Guest 2010-02-02 17:38
statistics on your games woul really give NBG an epic fail. you're making too many games; you know Tekken 6 was very successful, but how about the other games? Narutimate Accel 3? The new One Piece for Wii? Those would really fail if ignorance is still what you do.

Reply
 

 
# RE: Namco Bandai posts huge loss, lays off 630 staffersGuest 2010-02-02 18:42
They're digging their own tomb. Releasing trash like Symphonia 2 and not porting the DS tales of games to the US.

Reply
 

 
# unsurprisingjjcobra 2010-02-02 19:32
Can't say this is any news to me. They lost 76% of their operating income. Skyfall I hate to tell you that a Tales game isn't going to help them much. As much as we all hate to admit it. RPG titles are a niche market and generally low earners; especially when you send the game out of your home market.

Reply
 

 
# RE: unsurprisingjjcobra 2010-02-02 19:33
oops forgot to link my source.

http://gamerinvestments.com/video-game-stocks/index.php/2010/02/02/namco-bandai-reports-76-drop-in-operating-income-for-q3-fiscal-year-ending-03312010/

Reply
 

 
# You know what's even more sad.....Order-Sol 2010-02-02 20:29
I have a feeling it's mostly Namco's side thats losing money. Heck a really good majority of the games on Bandai's side (Anime/Gundam games) gotta be selling well. I just don't see how it's possible for Bandai to lose money on such an easy money maker. Being that Bandai still has time, they should break the merger !! The merger has brought nothing but trouble for Bandai. Let Namco die off on it's own. >:)

Reply
 

 
# YeahZackVix 2010-02-02 20:41
Well, that's what happens when you start making crappy Dragon Ball Z.

Reply
 

 
# YEAH!Guest 2010-02-02 22:42
What happened to the Budokai and Budokai Tenkaichi games? Those were amazing. hell, even the PSP Shin Budokai games server their purpose well. The latest two on PS3 are just awful. They feel like beta versions of Budokai and Tenkaichi.

Reply
 

 
# what other gamessickofitall 2010-02-02 20:46
have they put out last year besides tekken? where are the ps3 games. oh, and layoffs suck.

Reply
 

 
# GVG?Guest 2010-02-02 21:46
Where`s my Gundam vs Gundam for PS3 :-*

Reply
 

 
# Lets list All the great games they released in 09Uplink 2010-02-02 23:16
umm.....none... I wonder if that has anything to do with it.

Reply
 

 
# RE: Namco Bandai posts huge loss, lays off 630 staffersGuest 2010-02-03 00:32
So... big losses since they lost Microsoft's funding for new games after the Eternal Sonata / Vesperia fiasco and can't make ends meet without it?
Karma is a bitch.

Reply
 

 
# Technicially.....Order-Sol 2010-02-03 00:42
1. In terms of the DBZ games, yea, they are pretty crappy now. Even thou the hardcare fans aren't into it anymore, kids still buy it.

2. Take a look at the 2009 list.

http://www.gamefaqs.com/features/company/77272.html

I can definitlly understand at least for the US not alot of games were released. (Except Tekken and SC (Which are really Namco games) and Kamen RIder Dragon Knight (Really a Bandai game)); however, Japan has a whole bunch of easy money makers. >:( Just to name a few. :\

Naruto: Ultimate Ninja Storm

Soul Eater: Battle Resonance

One Piece Unlimited Cruise 2: Awakening of a Hero

Kidou Senshi Gundam: Giren no Yabou - Axis no Kyoui V

Kidou Senshi Gundam: Gundam vs. Gundam NEXT PLUS

Crayon Shin-Chan: Arashi o Yobu - Nendororo~n Daihenshin

Super Robot Taisen K

Eureka 7 V.1: New Wave

Evangelion: Jo

Kamen Rider: Climax Heroes W (This game alone is sold out in a good amount of places including Play-Asia.)

Naruto Shippuden: Narutimate Accel 3

Reply
 

 
# Pretty much what he said ^Acteon 2010-02-03 06:39
NB's games in Japan were fantastic this year - add Macross Ultimate Frontier to that list (game of the year for PSP imo) and you have a strong Japan-centric line up.

The shame of it is that they'll port mediocre titles like Dynasty Warriors Gundam, but not the Gundam Vs games - surely if licenses were a factor the DW games wouldn't make it over here either?

Reply
 

 
# SadGUNBEHINDTHESUN 2010-02-03 07:42
They really need to get som hit titles out there. Maybe put out a great rpg or something. They should even release some smaller games for download and also have an ace in the hole with some good dlc add ons.

Reply
 

 
# Serves them rightGuest 2010-02-03 09:40
For not releasing epic tales games like TALES OF DESTINY REMAKE and Vesperia PS3. Keep on making those Dynasty Warrior clones, I sure hope that you go broke soon.

Reply
 

 
# RE: Namco Bandai posts huge loss, lays off 630 staffersaten 2010-02-03 18:03
Serves them right. This is what you get for being arrogant and selfish and keeping your games to yourself. It wouldn't have happened if they had released other Tales games in English, for eg, Radiant Mythology 2, Destiny 2 (PSP) and all the other Tales titles.

Reply
 

 
# ace combatsu43berkut17 2010-02-03 20:25
ace combat is very cool too!!!! i loved ace combat 3 (japanese version) id love if they remade it for the psp in english! that would be awesome, one of the best games i've ever played. the us ver. sucked!!!!!!!!! !!!1

Reply
 

 
# wut?Guest 2010-02-04 15:52
I was confident that they would rise up after releasing Muscle march! : O

Reply
 

Add comment

Security code
Refresh


Welcome to QJ.Net!

If you want your comments to go live without waiting for moderation, you need to be logged in. Being logged in has its benefits:
  • Logged in members do not wait for their comments to be approved.
  • Logged in members can create Profiles to be seen by other users.
So why wait? Create an account or login now! It's easy, quick, and free.

To get started, use the LOGIN boxes, or the REGISTER link below!



Want to learn more about the team who brings you the QJ news?

Read about them now!


RSS Feeds Follow us on Twitter Find us on Facebook
Login:

HOT FLASH GAMES

Joe War TD

Veracode Defender

Counterstrike Training

Battlefield Vietnam

Ben 10 Milk Transporter

F1 Shanghai

Newest Downloads

05/22/2012 - 05/29/2012

05/27/2012
05/27/2012
05/25/2012
05/24/2012
05/24/2012
05/24/2012
05/22/2012
05/22/2012
05/22/2012
05/22/2012
05/21/2012
05/21/2012
05/19/2012
05/19/2012
05/19/2012


HOT GAMING NEWS TOPICS


POPULAR GAMING NEWS SEARCHES

ideas for psp | gmail psp | pspmame4all | 360 softmod | eye of judgment | price leak | smart party | japan foto bugil | prometheus module v5 | malaysia price of ps | cerita ngentot pera | psp opera mini | prometheus v3v4 | dol tool | mhp 3 | readmore | el matador x333 | america | pokem | nzp | tuv player | ps3 hard drive | cp1 | winten dos | n63 | dadeleus | n64 daedalus | ps3 homebrews | mame4all | cfw for p2000 | psp trouble shooting | billiard | japan foto bugil | final fantasy ps3 | modnation | wii web | ustream | me boy | hbl loader | pes2010 wii | dualshock3 driver | wad r9beta 49 | digital extremes | nintendo screen hack | yugioh tag force 5 fc cheat | voldown | panpan | dungeon defenders | psp saves | tekken tag | latest ctf | killzone 3 trophies | nesterj | ipad data recovery | rgdfeyq | ps3 autobricker | psp anti aliasing | ios wii disney epic | pspgo cfw | joyau | patapon demo and hbl | lego starwars 3 psp | paladin | dolpin | psp homebrew halo so | vmap | wininendos ds download | zelda twilight | ps3 slim mod apple | psp tv online | 8 minute ab work out for psp | bin game to psp | gta san andreas for psp | bangbross | ps3 | fighting spirit open | quakecrowe | ses9x | adh | marvel pinball | mulldc | psp sound booster ho | japan sales | psp ydict | capcom play system | series 1000 av cable | music maker | brightness plugin fo | cwcheat | psp read me | pp zombies | madonna | perfect world | latest psp slim firmware | handy psp | pspgo hack | hen cfw | dolphin7590 | turbo grafx psp emulator | pyramix | liberty city stories | ps3 emulation | real media | x ripper ini | apple emulator | adult game | rockband3 drumset | ps3 20 game | psp homebrew downloa | textplus hack | bright 3 | call of duty 5 | pspar zu cwcheat converter | psp halo reach | wii hacks | ohg | bob esponja | milf cam | neods emulkator | marvel vs capcom psp | gta 4 cheats | code generator | cerita dewasa mama | dj hero | hen psp download | 3dplugins | psp gamemaker | ps3 wiki | dj virtual psp | wiipaint | zelda phantom | psp mp3 plugin | ps2 free mcboot | drnffffffcd | farmville psp iso | ps3 joystickdownload | pandora battery cre | adhoc psp | shuma | psx4all | ez 5 | racing | cheats in rin | psp 3000 themes | bully pc | foto bugil japan | psx2psp | uosnes9x 0033 | torchlight 2 | 2011 update | xmb maker | xmb rco patcher ver | tales of vs english | xmb ctrl freecore | dogma | timeshift | emulatori psp | meme | remote joy sdl 2007 | xnxn | psp emulator cp1 | 3ds firmware | cwcheat for nba ballers | readydriverplus | anion | dspon | mw 3 | atari 2600 | capcom emulator | download psp | eboot 2 cso | ps3 program | football video games | nds player | e3 roundup |