{"id":32823,"date":"2024-06-21T17:05:05","date_gmt":"2024-06-21T08:05:05","guid":{"rendered":"https:\/\/automaton-media.com\/en\/?p=32823"},"modified":"2024-06-21T17:05:07","modified_gmt":"2024-06-21T08:05:07","slug":"bandai-namco-studios-developer-of-tekken-8-sees-negative-annual-income-for-the-first-time-since-founding","status":"publish","type":"post","link":"https:\/\/automaton-media.com\/en\/news\/bandai-namco-studios-developer-of-tekken-8-sees-negative-annual-income-for-the-first-time-since-founding\/","title":{"rendered":"Bandai Namco Studios, developer of Tekken 8, sees negative annual income for the first time since founding\u00a0"},"content":{"rendered":"\n

According to Bandai Namco Studios\u2019 <\/strong>financial report<\/a> for the fiscal year ending March 2024, the company saw a loss of 3.983 billion yen (approximately 25 million dollars), resulting in an annual deficit (via GameBiz<\/a>). <\/p>\n\n\n\n

Bandai Namco Studios is a wholly owned subsidiary of Bandai Namco Entertainment that specializes in planning and developing video games for home consoles, PC, mobile and arcade systems. The developer\u2019s recent titles include Tekken 8, Blue Protocol (co-developed by Bandai Namco Online) and The Idolmaster Shiny Colors: Song for Prism. According to past financial statements, Bandai Namco Studios was consistently profitable throughout previous years, but saw a negative net income for the first time in the fiscal year from April 2023 to March 2024. <\/p>\n\n\n\n

While Bandai Namco Holdings, the parent company of both Bandai Namco Entertainment and Bandai Namco Studios, saw record-breaking sales and profits<\/a> in the past year, these were owed largely to its Toy and Hobby sector and Amusement sector, while its video game sector saw a year-on-year decline. These losses were attributed to Blue Protocol\u2019s underperformance and in-progress titles being discarded. The company\u2019s online game subsidiary, Bandai Namco Online, reported even greater losses than Bandai Namco Studios and is now facing insolvency<\/a>. <\/p>\n","protected":false},"excerpt":{"rendered":"

Bandai Namco Studios, subsidiary of Bandai Namco Entertainment, reports 3.9 billion yen loss and a negative annual net income.<\/p>\n","protected":false},"author":55,"featured_media":32826,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_gspb_post_css":"","footnotes":""},"categories":[3],"tags":[17],"class_list":["post-32823","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-japan-related-news"],"blocksy_meta":[],"yoast_head":"\nBandai Namco Studios, developer of Tekken 8, sees negative annual income for the first time since founding\u00a0 - AUTOMATON WEST<\/title>\n<meta name=\"description\" content=\"Bandai Namco Studios, subsidiary of Bandai Namco Entertainment, reports 3.9 billion yen loss and a negative annual net income.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/automaton-media.com\/en\/news\/bandai-namco-studios-developer-of-tekken-8-sees-negative-annual-income-for-the-first-time-since-founding\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bandai Namco Studios, developer of Tekken 8, sees negative annual income for the first time since founding\u00a0 - 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