Bandai Namco achieved report web gross sales of ¥1.05 trillion ($6.7 billion) in its 2024 fiscal 12 months, outperforming its forecast of ¥1 trillion ($6.4 billion) with one more rise. ¥1.05 trillion ($6.7 billion) in web gross sales represents a 6% year-on-year improve over 2023’s ¥990 billion ($6.3 billion), which was already an 11.3% rise on the 12 months prior.
This gross sales improve and report outcome has come regardless of a fall in digital gross sales from ¥385.6 billion ($2.5 billion) within the earlier fiscal 12 months to ¥372.6 billion ($2.4 billion) in 2024’s, with progress as a substitute pushed by Bandai Namco’s IP manufacturing, amusements, toys and interest gross sales.
Apple Arcade unique Tamagotchi Journey Kingdom launched on this fiscal 12 months, as did Takt Op Symphony to Western audiences, in the meantime information.ai reported Dragon Ball Z Dokkan Battle surged to the highest of worldwide shopper spending this February; but, not considered one of these titles obtained a direct point out in Bandai’s monetary outcomes, nor did some other cell recreation…
Strengths and weaknesses
In its 2023 fiscal 12 months, Bandai Namco recorded an 11.3% improve in web gross sales attributed primarily to cell and PC somewhat than console. In 2024, the platform distribution of its gross sales is much less clear. Dragon Ball as a collection was highlighted as considered one of its profitable “established IP merchandise” although the cell recreation Dragon Ball Z Dokkan Battle wasn’t named particularly, in the meantime One Piece was probably talked about for its Netflix adaptation somewhat than the now-closed cell recreation One Piece: Thousand Storm.
Bandai Namco did be aware that “main app titles contributed however PC on-line recreation fell wanting goal”, although when digital gross sales on the entire fell within the fiscal 12 months, this lack of cell mentions past the very fact the moveable platform “contributed” to its outcomes, actually doesn’t point out a 12 months as sturdy as 2023’s.
And whereas whole web gross sales reached a report excessive – thanks predominantly to toy and interest gross sales – working and recurring income truly fell. Working revenue fell year-on-year from ¥116.4 billion ($744 million) to ¥90.6 billion ($579.1 million) and recurring revenue fell from ¥128 billion ($818 million) to ¥104.1 billion ($665.4 million), although each got here out stronger than was projected a 12 months in the past.
Digital income particularly took successful, down from ¥49.3 billion ($315.1 million) within the 2023 fiscal 12 months to solely ¥6.2 billion ($39.6 million) in 2024, although even this was larger than the ¥1 billion ($6.4 million) initially forecast. The decline was anticipated as a consequence of a “revamp” within the firm’s video games lineup.
“Within the digital enterprise, we recorded a valuation loss and a disposal loss as a consequence of a reevaluation of the title lineup,” Bandai Namco reasoned. “We purpose to extend gross sales and revenue YoY. Our forecasts take into account modifications in market tendencies and fan preferences, gross sales of services in every enterprise and advertising plans.”
As for the 2025 fiscal 12 months, one other record-breaker is projected with ¥1.08 trillion ($6.9 billion) anticipated in web gross sales. Working and recurring income are anticipated to bounce again too.
