GIGames IndustryNeutral
Bandai Namco achieves record Q1 sales, but Digital segment operating profit drops 30.9%
Bandai Namco reported record first-quarter overall sales, driven by its Toys and Hobby segment. However, the Digital segment, which includes gaming, saw a 30.9% drop in operating profit and a 15.6% decrease in net sales due to fewer title releases compared to the previous year. The company has revised its half-year forecast for the Digital Contents segment upwards but plans to reassess its full-year outlook based on market conditions and upcoming major releases.
