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Bandai Namco Online declares bankruptcy

However, Bandai Namco Holdings has recorded record figures.

Bandai Namco Online declares bankruptcy
María López

María López

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The latest financial reports from Bandai Namco Studios and Bandai Namco Online turned out to be a complete disaster. During the last fiscal year, which ended in March 2024, Bandai Namco Studios recorded a loss of 3,983 million yen, which is about 23 million euros. However, the worst part was taken by Bandai Namco Online, which has declared bankruptcy.

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Bandai Namco Studios is one of the branches of Bandai Namco Entertainment, which is responsible for developing video games for PC, consoles, mobile devices, and more. Some of their recent releases include Tekken 8, Blue Protocol, and The Idolmaster Shiny Color: Song for Prism. This has marked the first decline for Bandai Namco’s development branch since its establishment in 2012.

On the other hand, Bandai Namco Online has closed the fiscal year with losses of 8,201 million yen. As a result, the company has declared itself insolvent. Bandai Namco Online is the subsidiary responsible for the development and publishing of online games. Among its latest titles are Blue Protocol, Idolish7, Gundam Evolution, SD Gundam Operations and Gundam Tribe.

However, for Bandai Namco Holdings, the parent company of both branches, things couldn’t be better. Last year, the company recorded its highest net sales and net income to date, surpassing 100 billion yen. This great success is largely due to the strong performance of franchises such as Gundam, Dragon Ball, and One Piece.

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María López

María López

Artist by vocation and technology lover. I have liked to tinker with all kinds of gadgets for as long as I can remember.

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