Tekken 8 studio Bandai Namco Games has revealed that it recently cancelled at least five titles, with plans to double down on quality control moving forward.
Speaking in wake of the company’s latest earnings call earlier today, Bandai Namco revealed that Dragon Ball and One Piece remain a stable franchise in Japan and the west, with Armored Core 6 being a “popular” title. However, its posting of a 96.5% drop in income is down in part due to the fact Elden Ring sold huge during its last fiscal year, and no other title was able to replicate its success this year.
In the digital business, in addition to valuation losses related to new online game titles and other titles introduced this fiscal year, we recorded a loss on disposal due to a review of title organization with a view to the next mid-term plan. In the future, we will build an optimal and well-balanced title portfolio, examine our development system carefully, and strengthen development with an emphasis on quality.
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Disposal of work-in-progress was decided in accordance with internal rules regarding evaluation, and the online games and other products subject to this disposal were also implemented in accordance with these rules.
We have also decided to discontinue the development of at least five other titles under development and have recorded a loss on disposal.
In addition, since the second half of the previous fiscal year, we have changed our development structure, setting stricter standards for proceeding with development, narrowing down titles, and changing the method of recording development expenses. The associated technical research expenses for this were higher than expected at the beginning of the year.
Bandai Namco revealed that Tekken 8 has sold two million copies since its launch almost three weeks ago, so evidently the game is off to a great start.
[Source – VGC]