Namco Bandai reported their 1st financial quarter net profits were at around $9.4 million compared to $25.5 million during the same period last year - a 63% drop. This is largely a result of the disappointing performance of their arcade and toy divisions, while their game division performance was up.

Game revenues were up to $234 million this quarter, up 3.8% from last year. 1.7 million games were sold in Japan, 1.39 million in Europe, 740, 000 in the US and 113, 000 in Asia, from a total of 13 titles. Dragon Ball Z: Budokai Tenkaichi 3 sold 420, 000 units in Europe alone, making this their single most successful title this quarter.

Full-year net-profit is expected to be at $207 million, on revenues of $4.3 billion for the fiscal year ended March 31st 2008.