News Namco Bandai Holdings Releases 2007-08 Financials (Updated)
posted on 2008-05-10 05:14 EDT
On May 8, Namco Bandai Holdings, the Japanese corporate parent of Bandai Visual Co. Ltd., Sunrise, and the North American anime distributors Bandai Entertainment and Bandai Visual USA, released its financial highlights for the fiscal year ending March 2008. Namco Bandai posted net sales of 460.473 billion yen (about US$4.507 billion), gross profits of 164.072 billion (US$1.596 billion), and net income of 32.769 billion (US$318.9 million) for the year.
During this period, Namco Bandai's most popular property was the Gundam franchise, which brought in net sales of 50.9 billion yen (US$495 million). Dragon Ball was also in the company's top five most lucrative properties, with sales of 17.8 billion (US$173.1 million). Gundam products led in Namco Bandai's toys and hobby business unit, which is responsible for "planning and sales of toys, models, vending machine capsule products, cards, apparel, sundries, and stationery." They accounted for 18.8 billion yen (US$182.8 million) in sales. Other leading properties in the unit include Pretty Cure (10.5 billion yen/US$102 million), Dragon Ball (5.5 billion yen/US$54 million), Pokemon (4.5 billion/US$44 million), and Neon Genesis Evangelion (1.9 billion/US$19 million).
In addition, several of the top ten videogame Namco Bandai published during the year were based on manga and anime. Dragon Ball Z Sparkling! Meteor, known as Dragon Ball Z: Budokai Tenkaichi 3 in the U.S., sold 1.04 million copies and was Namco Bandai's best-selling videogame of 2007-2008. Naruto: Ultimate Ninja 2, Dragon Ball Z: Budokai Tenkaichi 2, Naruto: Uzumaki Chronicles and Naruto: Ultimate Ninja all made it into the company's top ten.
Update: Yen-dollar conversion rate corrected for the net income. Thanks, enurtsol.