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Bandai Namco FY3/22 Q2 Financial Results

MarcoP90

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Consolidated financial results

Financial Highlights

Presentation material (Japanese-only)

Q&A (Japanese-only)

Results for the Second Quarter of FY3/22

Net Sales - 393,646 millions Yen (+ 16.8% v.s. Second Quarter of FY3/21)
Gross Profit - 160,527 millions Yen (+ 23.0%)
Operating Profit - 61,751 millions Yen (+34.4%)
Recurring Profit - 64,111 millions Yen (+35.8%)

Previous forecasts for FY3/22

Net Sales - 750,000 millions Yen
Gross Profit - 274,000 millions Yen
Operating Profit - 75,000 millions Yen
Recurring Profit - 76,000 millions Yen

Updated forecasts for FY3/22

Net Sales - 795,000 millions Yen (+7.3% v.s. FY3/21)
Gross Profit - 303,000 millions Yen (+7.4%)
Operating Profit - 90,000 millions Yen (+ 6.3%)
Recurring Profit - 93,000 millions Yen (+ 6.1%)

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From Q&A

Tales of Arise", which was released in September 2021, has been performing well and is expected to sell 1.7 million units during this fiscal year.
We expect to sell 1.7 million units during this fiscal year. The "Tales of" series used to be sold mainly in Japan and Asia.
The "Tales of" series used to be sold mainly in Japan and Asia, but this title was able to gain support in Europe and the U.S. by conducting detailed marketing in each region.
As for future major titles, we plan to release "ELDEN RING" in February 2022. Even before its release, it has won numerous awards at European game events.
The game has received high praise from the game industry and game fans, winning numerous awards at European game events even before its release, and is expected to sell 4 million units by the end of this fiscal year.
It is expected to sell 4 million units (worldwide including Japan) by the end of this fiscal year.
In both home video games and network content, the creation of high-quality games will lead to the longevity of titles, which in turn will lead to the growth of the market as a whole.
In both home video games and networked content, we believe that the creation of high-quality games will lead to the longevity of titles, which in turn will lead to the growth of the market as a whole. In addition, continuous fan communication is also important.

Translated with www.DeepL.com/Translator (free version)
 
Good for Tales! Hope it gets a Switch port at some point and finds success there as well.
 
They are expecting Tales of Arise to sell 1.7M until the end of March?

I can see it selling more.
 
They are expecting Tales of Arise to sell 1.7M until the end of March?

I can see it selling more.
I wouldn’t be so sure on that. It’s legs haven’t been all that great anywhere with weekly reporting so it’d have to be some magical Steam boost which is possible since there’s holiday sales and post holiday sale in January.
 
Don't forget that Bandai Namco isn't the publisher of Elden Ring in Japan; the game is directly published by From Software there.
 
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