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Namco Bandai Swings To Loss In First-Half, Posts Lower Sales

Tokyo, Japan-based Tekken house Namco Bandai this week posted a net loss and lower sales for its fiscal first-half ended September 30, despite a software lineup led by subsidiary D3 Publisher's Ben 10 Alien Force.

Sales for the period were ¥172.73 billion ($1.92 billion), a decrease of 9.5 percent year-on-year. The company swung to a net loss for the half, posting a loss ¥6.04 billion ($67.22 million), down from a profit last year of ¥1.28 billion ($14.24 million).

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