News

Bandai Co. Profits Down

Bandai Co., the parent company of Bandai America, Bandai Visual and others, has reported that its April to December profits fell 25.5% compared to a year earlier. The decreased profits are blamed on weak sales in the U.S. and increasing costs. Sales fell .2%. Profit was 9.45 billion yen (US$90 million) on sales of 192.69 billion yen (US$1.84 billion).