Bandai Namco It announced the financial results for the first quarter of the 2023 fiscal year, which is the period from April 1 to June 30, 2022. Japanese publisher revenues and profits in net growth on an annual basis, thanks to Hand Ring.
Based on data shared with shareholders, we learn that first-quarter revenues were 216.24 billion yen, approximately $1.63 billion, up 21.5% from the same period of the previous fiscal year. Instead, profit was 44.3 billion yen, or $333,181 million, up 64.3% year-on-year.
In general, all sectors of the company recorded positive results. Particularly segment Digital Business, what video games are interested in saw revenues rise 34.1% and profits 148.7% year over year. All that said, considering that Bandai Namco didn’t release any big caliber games in the last quarter, these results were achieved thanks to the long wave of sales of Elden Ring, which we still find at the top of the sales charts. and digital.
The Japanese publisher also raised its forecast for the first half of the fiscal year, raising its revenue forecast to 430 billion yen from 400 and 46 billion yen for profit.
Recently, Bandai Namco has announced the list of games it will be taking to Gamescom 2022, which includes One Piece Odyssey and The Dark Pictures: The Devil in Me.
Source: Multiplayer
