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Namco claims Wii hurts arcades

Namco said the Wii is hurting its arcades: In a shock downward revision to its earnings outlook, toy and amusement arcade firm Namco Bandai Holdings said it would close between 50 and 60, or roughly one-fifth of its arcades, causing its shares to plummet for a second consecutive session on Thursday. "A lot of the types of games that people played at an arcade can now be...

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News: Wii blamed for arcade closures in Japan

Namco will close one-fifth of its arcades in Japan because games can now be played at home. Namco Bandai Holdings has said it will close between 50 and 60, or roughly one-fifth of its arcades. "A lot of the types of games that people played at an arcade can now be done at home," said a spokesman. Click here to read the full article

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UPDATE 1-Japan arcade firm stung by success of Nintendo Wii

TOKYO, Feb 7 (Reuters) - Shares in Japanese toy and amusement arcade firm Namco Bandai Holdings fell for a second day on Thursday after it issued a shock downward revision to its earnings outlook and said it would close 50 to 60 arcades, about one-fifth of the total.

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Namco Bandai cuts profit forecast 38%, eyes closures

Because of a slump in its amusement park business, Namco Bandai Holdings Inc. has cut its annual profit forecast 38 percent and will shut as many as 60 amusement facilities. Read more ...

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Bandi Co. to take one-third stake in Ultraman series creator

HONG KONG (MarketWatch) -- Bandai Co. will purchase a one-third stake in Tsuburaya Production Co., creators of the "Ultraman," television series, for 900 million yen ($8.47 million), the Nikkei business daily reported Monday. Shares of Namco Bandai Holdings , the parent group of Bandai Co, fell 0.9% Monday. Market Pulse Stories are Rapid-fire, short news bursts on...

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Namco Bandai buys 33.4% stake in Ultraman's production firm+

(Kyodo) _ Namco Bandai Holdings Co. said Monday it bought a 33.4 percent stake in Tsuburaya Productions Co. known for its special- effects TV series featuring the “Ultraman” character,……Read more

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Ready, Set, GOLD

Two Namco-Bandai games have gone gold today, Ace Combat 6: Fires of Liberation and Beautiful Katamari. Beautiful Katamari will hit store shelves on October 16th, and Ace Combat won't be flying far behind as it will hit on October 23rd. Ace Combat is very realistic flying game where conflicts can break out anywhere and anytime and it'll be your job to stop them. Beautiful...

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Namco Bandai games shift format again

Eternal Sonata and Beautiful Katamari now also heading to PlayStation 3?After claiming it was'not aware' of a PlayStation 3 version of Eternal Sonata, which has until now looked like an Xbox 360 platform exclusive, Namco Bandai now has the game listed on its as a title due for release on both PS3 and 360.Similarly, the website now lists Beautiful Katamari as due for release on the Wii,...

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Penny Arcade Expo 2007: Namco Bandai games lineup

Namco Bandai 's coming to Penny Arcade Expo 2007, and it's bringing a gigaton of games along with it for some good old hands on gaming. For those of you attending PAX 2007 which starts tomorrow in Seattle , you can find Namco Bandai at booth 616. Perhaps the biggest highlight to grace their booth this year is the photorealistic Ace Combat 6: Fires of Liberation for...

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One Piece + 3D + Nintendo DS

Namco Bandai games opened up a site for One Piece: Gear Spirit. It is an upcoming Nintendo DS fighting game all in 3D with some kind of mysterious card system on the touch screen. Up to four players can fight in arena at the same time, which is similar to the series of Powerstone-like Gamecube [...]

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2007 E3 attendee list lookin' bleak

Filed under: Gaming Remember those suffocating crowds and the completely non-game-related overload that eventually caused a restructuring at E3? If not, we certainly do , and you won't find us complaining about a more focused approach for 2007. Of course, toning down the antics inevitebly leads to less attendees, and such looks to be the case for the July convention in Santa Monica,...

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E3 Announces Attendees

The revamped E3 has announced the development companies that will attend, GameDaily BIZ reports. The list is much smaller, which makes sense given only about 4,000 invites were sent out to the press, but as the article notes, covers the big guns. The full list so far is as follows: 1C Company, Activision, Akella, Atari, Atlus, Buena Vista Games, Capcom, Codemasters, Crave Entertainment, Eidos,...

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E3 organisers reveal slimmer line-up for 2007

... Interactive Studios, Eidos, Electronic Arts, Konami, LucasArts, Majesco, Microsoft, Midway, Namco Bandai Games, NCSoft, Nintendo, Sega, Sony Computer Entertainment, Sony Online Entertainment, Square Enix, Take-Two Interactive, THQ, Ubisoft, Vivendi Games, and Warner Bros. Interactive Entertainment.Foundation 9 Entertainment and id Software are the two independent developers...

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Thirty-Two To Attend E3 '07

... 9 Entertainment, id Software, Konami, Logitech, LucasArts, Majesco, Microsoft, Midway, Namco Bandai Games, NCSoft, Nintendo, Nyko Technologies, Sega, Sony Computer Entertainment, Sony Online Entertainment, Square Enix, Take-Two Interactive, THQ, Ubisoft, Vivendi Games, Warner Brothers Interactive Entertainment.

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News: E3 exhibitor numbers dwindle

... Crave Entertainment, Eidos, Electronic Arts, Konami, LucasArts, Majesco, Microsoft, Midway, Namco Bandai Games, NCsoft, Nintendo, Sega, Sony Computer Entertainment, Sony Online Entertainment, Square Enix, Take-Two Interactive, THQ, Ubisoft, Vivendi Games, and Warner Bros. Interactive Entertainment.Advertisement:Most of the big players seem to be there but it's a big way off...