Every video game traces back to a developer, and behind that developer is often a big-name company. Take Bandai Namco, for example. This gaming giant emerged in Japan in 2006 and has been hitting us with epic titles from developers like FromSoftware and Tarsier, among others. Now, if we dive into some Bandai Namco statistics, we see a world of numbers that prove just how much they’ve rocked the gaming scene. A crucial part of the story is the Bandai Namco net worth; it’s a big deal that shows their financial muscle, reflecting their success in the industry. Speaking of everything that these sorts of companies bring to the gaming industry, consider checking out who the leaders in gaming industry revenue are!
Bandai Namco key statistics
Exploring Bandai Namco key statistics reveals the company’s solid standing in the gaming world. A standout figure is the Bandai Namco net worth, highlighting their financial success since their start. This key metric underscores Bandai Namco’s impactful journey in the industry.
Bandai Namco net worth is $15.2 billion.
(Source: Google Finance, Statista)
The company’s revenue for Q1 2024 was $1.5 billion.
The year-over-year change is an increase of 3.96%.
Its operating expenses were $416.9 million.
The year-over-year change in operating expenses is an increase of 17.36%.
Its net income was $148 million.
Bandai Namco’s most successful profit year was 2022 at $2.92 billion.
We’re starting at the basics, how much is Bandai Namco worth. Bandai Namco has a market cap of $15.2 billion when converted from 2.23 trillion yen, which is a solid figure and makes it one of the biggest video game company in the world. If the value is not clear, Activision Blizzard, one of the bigger video game companies has a market cap of $72.37 billion — considerably more than Bandai.
Bandai Namco sold 56.85 million copies of its games in 2022.
In total, the company sold 253.23 million copies of its games from 2017 to 2023.
Since it is a video game company, that trades in the gaming industry and has had excellent success in the market, it is important to note that its sales have been fairly impressive over the years, with the most popular year being 2022, the same year that Elden Ring came out.
Bandai Namco won 6 awards at 2021 Gamescom with Elden Ring taking 4.
There isn’t much to say here other than Bandai Namco tends to produce smash hits in most of their games, as we’ve seen in all of FromSoftware’s games, where Elden Ring, as the latest release, took so many game rewards it’s downright enviable. With the release of Armored Core VI: Fires of Rubicon coming soon, we can most likely expect more and more rewards under Bandai’s belt.
Bandai Namco established a $31.7 million fund for the Metaverse and Web3.
The initial fund is meant to be $7.9 million and last a year.
The second fund should be $23.8 million and last three years.
This will focus on blockchain companies in Japan and further progress in NFTs.
Bandai has already launched one $130 million metaverse initiative that focuses on its Gundam IP.
The core goal of all of this is to allow fans to connect to their preferred modes of entertainment, specifically through the Gundam IP.
This a another questionable venture that many video game companies have been taking in recent months, with the emergence of NFTs and the growth of the Metaverse paving the way for new concepts and new modes of entertainment. While the fund may or may not lead to something successful for Bandai Namco, only time will tell, as these new concepts can disappear as soon as they show up.
The Dragon Ball and Gundam IPs made over $1 billion in 2022 and 2023, respectively.
(Sources: TweakTown, Forbes)
Dragon Ball is Bandai Namco’s most popular franchise. The franchise has generated over $1 billion each year from 2019 to 2022. This applies to games, collectibles, and services.
The Gundam IP made $976 million in FY2023. It was an increase from $755 million the previous year. Half of those sales came from the model kit and toy division.
This is something that you might not have been expecting, as FromSoftware is the most popular company under Bandai, but both the Dragon Ball and Gundam IPs have been performing extremely well. That is because Dragon Ball is a timeless classic and Gundams are simply fun to assemble and there is a raging market for action figures and collectibles out there.
Bandai Namco pulled out of the arcade game business in North America in 2021.
(Source: Kyodo News)
The reason for the pull-out was the onset of COVID-19 and amusement parks closing.
Bandai planned to transfer all of its stores and revenue-shared locations to three other companies that are in that line of work.
Bandai expected an operating loss of $12.2 million in that business.
Those losses come on top of more losses (¥13 billion) due to the company’s structural reform.
This is unfortunate since Bandai has had a strong influence on the arcade game market for years, but there is always a point where a venture, while familiar and loved, is not worth the effort and cost to maintain. So, Bandai pulled out of that area of the industry and left everything to a few companies that they did not name.
To sum up
Alright, so that would be all the information regarding Bandai Namco! As you can see, this Japanese giant has been around for over a decade and has established a massive footprint in the gaming industry that would be extremely hard to fill if something were to go wrong with the company. In either case, Bandai is going steady and things can only go up as their main IPs continue to come out and produce the same level of quality as they have for years.
“Bandai Namco Holdings Inc”. Google Finance, 2023, https://www.google.com/finance/quote/7832:TYO
“Home video game unit sales of Bandai Namco worldwide from fiscal 2017 to 2023”. Statista, 2023, https://www.statista.com/statistics/259703/bandai-namco-video-game-unit-sales/
“Gross profit of Bandai Namco Holdings from FY2006 to FY2023”. Statista, 2023, https://www.statista.com/statistics/217498/annual-gross-profit-of-namco-bandai/