Bandai Namco, new President for the company: profits up 30%

Bandai Namco, new President for the company: profits up 30%
At the moment, Bandai Namco is engaged on multiple fronts, with a wide selection of video game productions highly anticipated by the public, ranging from the development of Tales of Arise to the publication of Elden Ring.

Waiting for new information on this to these and many other titles, among the new PC and console releases of February 2021 there is space Little Nightmares II, while in the month of March it will be the turn of Monster Hunter: Rise for Nintendo Switch. The line up of the company for the near future seems to arouse great optimism in Bandai Namco, so much so that the forecasts for the close of the current fiscal year have been revised upwards, both in terms of sales and profits. In the course of the quarter October-December 2020, in fact, the Japanese giant saw a net growth in the videogame sector, with higher sales and earnings respectively 11.4% and 30.9% compared to the previous year.

With the presentation of the latest financial results, an internal restructuring was also confirmed. In particular, the gaming division and that relating to "Toys & Hobby Business" will be unified under a single label, identified simply as the "Entertainment Unit". Furthermore, starting from April 1, 2021, a change at the top will be operational, with the appointment of Masaru Kawaguchi as the new President of Bandai Namco.

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