Joystiq http://www.joystiq.com Joystiq http://www.blogsmithmedia.com/http://www.joystiq.com/media/feedlogo.gif Joystiq http://www.joystiq.com en-us Copyright 2013 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Namco Bandai profits up in Q3 2012, as are year-end projections]]>http://www.joystiq.com/2012/02/11/namco-bandai-profits-up-in-q3-2012-as-are-year-end-projections/http://www.joystiq.com/2012/02/11/namco-bandai-profits-up-in-q3-2012-as-are-year-end-projections/http://www.joystiq.com/2012/02/11/namco-bandai-profits-up-in-q3-2012-as-are-year-end-projections/#comments Namco Bandai's financial statement for the third quarter of fiscal 2012 has been released, and while the report contains a lot of tables and numbers and figures, it actually has very few pictures, which was a problem for our exceedingly limited attention spans. We did our best, though, and after concentrating really hard and taking our Adult ADD medication, we were able to produce actual, honest-to-goodness business information.

For instance! For the 9 month period ending on December 31, 2011, Namco Bandai reports a net income (which is the amount of earned money left over after all operating expenses and taxes) of ¥16.3 billion, or about $210 million, which is a 34.3 percent increase over the same period last year.

The company predicts an additional ¥2.19 billion ($28.3 million) in net income over the course of Q4, (which runs from January 1 to March 31, 2012), wrapping up fiscal 2012 to the tune of ¥18.5 billion ($238.4 million) in net profit over the course of the fiscal year. Provided these predictions stand the test of time, Namco Bandai's performance in fiscal 2012 will be a 90 percent increase over its performance in fiscal 2011.

Whew! Now if you'll excuse us, we have cat videos to watch.

JoystiqNamco Bandai profits up in Q3 2012, as are year-end projections originally appeared on Joystiq on Sat, 11 Feb 2012 14:30:00 EST. Please see our terms for use of feeds.

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