Bandai Namco revenues reach $6.8bn in pandemic year

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Bandai Namco released its financials results for the fiscal year ended March 31, 2021, and reported a slight 2.3% increase in sales year-on-year to reach ¥740.9 billion ($6.8 billion).

The company’s operating profit grew 7.5% compared to the previous fiscal year, to ¥84.6 billion ($777 million).

Sales in its networking entertainment department — which includes games — grew 4.9% to ¥344 billion ($3.1 billion). Looking at Bandai Namco’s forecasts, the company expects sales in that segment to reach ¥310 billion ($2.8 billion) during FY2022, a 9.9% decrease compared to FY2021.

Home video games alone represented ¥118.1 billion ($1.07

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