Bandai Namco Studios, the development studio under publisher Bandai Namco Entertainment, has reported a net profit of roughly $9.68 million USD in the fiscal year ended March 31, 2026. As GameBiz points out, this comes after two consecutive years of losses for the company.
Bandai Namco Studios’ recent projects include Nintendo’s Kirby Air Riders and Mario Kart World, as well as the in-house title CODE VEIN II.
The company had been profitable for each fiscal period since its founding up until 2024. The large-scale losses incurred during the year (roughly $27 million) were attributed to Blue Protocol among other discarded projects. The massive MMORPG failed to meet Bandai Namco’s expectations and was prematurely shut down in Japan and cancelled in the West, resulting in a lost investment. Bandai Namco Studios had co-developed Blue Protocol alongside Bandai Namco Online, the latter of which was dissolved and folded into Bandai Namco Studios in the aftermath of the project’s failure.
In the fiscal year ended March 2025, Bandai Namco Studios significantly narrowed the deficit from 2024 to $5.8 million USD, but was still in the red. Now, it seems the company has fully returned to profitability.
Related: Blue Protocol developers talk about what went wrong with the MMORPG
Kirby Air Riders appears to use Bandai Namco Studio’s new in-house engine, SOL-AVES
