Bandai Namco FY3/2024 Q1 Earnings Release: Operating Income: ¥27,989M (-36.95% YoY), Game Software: 7.78M Units (-32.49% YoY)

[ethomaz]

Documents (the presentation is in Japanese):

https://www.bandainamco.co.jp/files/E_2024E5B9B43E69C88E69C9F_E6B1BAE7AE97E79FADE4BFA1.pdf

https://www.bandainamco.co.jp/files/2023E5B9B4E5BAA61Q_E8A39CE8B6B3E8B387E69699(E88BB1.pdf

https://www.bandainamco.co.jp/files/ir/financialstatements/pdf/20230808_Presentation.pdf

Some pics shameless took from InstallBase:

From having a look at the Japanese presentation slides, apparently the reason for the 91% decrease in the operating profit for the entertainment (digital) segment was due to a decrease in repeat title sales and an increase in R&D expenses.

IMO Elden Ring released last year and probably explain the drop this year.
Unless you have a big launch in similar size the results will be expected to fall.

 

[Systemshock2023]

They know what to do if they want to recover...

Borne out of blood. PC/PS5/Xbox. 2024 release. The exact same game, with souped up graphics and blood bonfires instead of blood vials.

 

[ethomaz]

BTW for these not following the earnings calendar.

Sony happens in this midnight around 8am UK

Edit - Fixed the UK time... it is 8am.

 

[historia]

I hope we can get another AC game announcement trailer, probably TGS?

Would be great if the full game playble in PSVR2. Kono has been fond of that hardware ever since.

 

[Yurinka]

Elden Ring had very rare, exceptional record numbers last year. So it's normal to have a big drop this year without a top seller.

I hope we can get another AC game announcement trailer, probably TGS?

Would be great if the full game playble in PSVR2. Kono has been fond of that hardware ever since.

At first I thought you were talking about Assassin's Creed, and later Animal Crossing. But I see you're talking about Ace Combat xDD

Yes, I think that a PSVR2 compatible Ace Combat makes sense and would be awesome if they fully implement PSVR2 support in the whole game.

 

[ethomaz]

Elden Ring had very rare, exceptional record numbers last year. So it's normal to have a big drop this year without a top seller.


At first I thought you were talking about Assassin's Creed, and later Animal Crossing. But I see you're talking about Ace Combat xDD

Yes, I think that a PSVR2 compatible Ace Combat makes sense and would be awesome if they fully implement PSVR2 support in the whole game.

Is it not Armored Core?

 

[ultimateFF]

They know what to do if they want to recover...

Borne out of blood. PC/PS5/Xbox. 2024 release. The exact same game, with souped up graphics and blood bonfires instead of blood vials.

Fk off with your multiplatform Bloodborne for xbone too hope bullshit, Bloodborne is for Sony and Sony only, so go back to xbotz island and keep crying for missing the more important game Baldur's gate 3 .

 

[Johnic]

They know what to do if they want to recover...

Borne out of blood. PC/PS5/Xbox. 2024 release. The exact same game, with souped up graphics and blood bonfires instead of blood vials.

Sony owns the Bloodborne IP.

 

[Systemshock2023]

Sony owns the Bloodborne IP.

They also own demons souls, and dark souls is a thing. If they are not going to do anything with it, From might as well release a spiritual sequel under a new name.

 

[SLB1904]

So from soft post profits and these guys post losses. Interesting

 

[SLB1904]

They also own demons souls, and dark souls is a thing. If they are not going to do anything with it, From might as well release a spiritual sequel under a new name.

Just because they got a pass in the past doesn't mean Sony will let them do it again

 

[Darth Vader]

So from soft post profits and these guys post losses. Interesting

They didn't post losses though. Their profits are down, but not negative.

 

[SLB1904]

They didn't post losses though. Their profits are down, but not negative.

Oh alright. I'm stupid. I saw minus

 

[Darth Vader]

Oh alright. I'm stupid. I saw minus

It's all good mate, people make mistakes