Bandai Namco It announced the financial results for the first quarter of the fiscal year 2023, which is the period from April 1 to June 30, 2022. The Japanese publisher has recorded revenue and profit in net year-over-year growth, mainly thanks to elden ring.
According to data shared with shareholders, we learned that first-quarter revenue was 216.24 billion yen, or about $1.63 billion, an increase of 21.5% over the same period in the previous fiscal year. Instead, profits were 44.3 billion yen ($333.181 million), an increase of 64.3% year on year.
In general, all sectors of the company recorded positive results. In particular the part digital businessWhich is what video games are all about, seeing revenue rise 34.1% and profits 148.7% year over year. All this considering that Bandai Namco did not release a large-caliber game in the last quarter, so these results were achieved thanks to the long wave of Elden Ring sales, which we still often find in the top positions of the sales charts. and digital.
The Japanese publisher also raised its estimates for the first half of the fiscal year, raising revenue forecasts from 400 to 430 billion yen and profit from 46 billion to 72 billion yen.
Bandai Namco recently announced the lineup of games it will lead to Gamescom 2022, which also includes One Piece Odyssey, The Dark Pictures: The Devil in Me, and others.
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