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Namco Bandai's financial result reveals the hard fight ...

<<Namco Bandai's financial result reveals the hard fight of AM, and visual and music content businesses >>

Tadashi Sudo [Anime! Anime!]

May 12, 2008

Major Entertainment Conglomerate Namco Bandai Holdings announced on May 8 the financial result for the fiscal year ended March 2008. The consolidated income was 460,473 million yen (about US$4.6 billion) which rose only 0.3% from that of the last year, and did not reach the estimate at the begging of the term, 480,000 million yen (about US$4.8 billion.)

On the other hand, the operating income was 33,411 million yen (about US$334 million/20.9% down,) and the recurring income was 36,198 million yen (about US$361 million/20.6% down.) The income aspect seems to be facing a hard situation. The net income is 32,679 million yen (about US$326 million/34.7% down.) The sale of unexpected business booted up the number as the extraordinary income.

Namco Bandai Holdings expects next fiscal year’s result to be as follows:
Consolidated income: 470 billion yen (about US$4,700 million/2.1% Up.)
Operating income: 380 billion yen (about US$380 million/13.7% Up.)
Net income: 39.5 billion yen (about US$395 million/9.1% Up.)
Gross income: 22.5 billion yen (about US$225 million/31.1% down.)



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Namco Bandai Holdings http://www.bandainamco.co.jp/en/
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