Media: Bandai Namco Online is on the brink of bankruptcy
Bandai Namco Online is a subsidiary of Bandai Namco Entertainment that specializes in online games. The website GameBiz has noticed that it is increasingly operating at a loss, and if the situation does not change, it may soon face bankruptcy.
Blue Protocol
The studio has reported losses for the past two years. In the fiscal year 2023 (April 2022 - March 2023), it reported a deficit of 3.98 billion yen or approximately 24.8 million dollars. By the end of the next fiscal year, which concluded in March 2024, it had incurred losses amounting to 8.2 billion yen (51.3 million dollars).
According to GameBiz, the losses at Bandai Namco Online may be linked to the increasing costs of game development. Additionally, they could be affected by the closure of the shooter Gundam Evolution and the underwhelming results of the multiplayer action RPG Blue Protocol.
