Edge Online writes: "Operating income for the first quarter ended June 30, 2008, fell from 4.47 billion yen a year ago to 1.53 billion yen, Namco Bandai announced Wednesday.
Net profit also fell 63 percent to 1.02 billion yen as revenue declined 6.4 percent to 90 billion yen.
However, the company still expects to report growth in some sections of its business during the full year ending March 2009. It has projected full year sales of 470 billion yen (up 2.1 percent) and operating income of 38 billion yen (up 13.7 percent). Meanwhile, net profit is expected to decline by 31 percent during the same period to 22.5 billion yen."