Kadokawa’s gaming operating profit increases by 1,100% thanks to Elden Ring

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  • Elden Ring is a remarkable hit sensation with over 16 million copies sold across all platforms, and it has the potential to overtake all other games in 2022 in terms of sales. The game’s outstanding performance has helped FromSoftware’s owners enhance operating profits and sales.

Net revenues climbed by 255% over the previous six months to 17.137 billion ($116.89 million depending on current conversions). Operating profit rose from 623 million yen in profit last year to 7.592 billion yen (US$51.785 million), a rise of more than 1110%.

Please be aware that Bandai Namco will release Elden Ring. Elden Ring is now an official franchise, and additional content is on the way, including a potential sequel and expansion into film/TV, as previously confirmed by Bandai Namco.

Sony and Tencent also invested in his FromSoftware, buying his 30% stake in the developer to fund new game development projects.

As a result, net sales in this segment were 17,137 million yen (up 255.1% year-on-year), and operating income was 7,592 million yen (up 1,116.8% year-on-year).

The game business is engaged in the planning, development, sales and licensing of game software and Internet games. Income from overseas shipments of the record-breaking video game “Elden Ring” contributed significantly to the increase in sales and profits. Spike Chunsoft Co., Ltd.’s joint and commissioned development business and new games. Contributing to increased sales.

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