Namco Bandai Posts 4.1% Revenue Increase, Swings To Profit

Namco Bandai has posted results for the fiscal year ended March 31 2011, noting a modest revenue boost and a swing to profit. The Japanese publisher reported ¥394.2 billion ($4.9 billion) in revenue, up 4.1 percent from the last fiscal year's ¥378.5 billion ($4.7 billion). The Tekken publisher also posted profits of ¥1.8 billion ($22.3 million), compared to the ¥29.9 billion ($371.8 million) loss in the previous fiscal year. The publisher added that Tekken 6, originally released in October 2009, shipped a total of 1.15 million units in the U.S. alone in the last fiscal year. Other notable game sales include October 2010's Enslaved: Odyssey to the West with 730,000 total worldwide shipments across PlayStation 3 and Xbox 360, and Naruto Ultimate Ninja Storm 2 with a total of 1.1 million shipments worldwide across PS3 and Xbox 360. Namco Bandai noted that the PSP shifted the most units, with 4.6 million shipped over a total of 29 titles. It also predicted that next year will see the PS3 selling the most copies for the company, with around 7.8 million sales across 26 unique titles -- up from nine titles in the last fiscal year.