Nippon Ichi Raises Earnings Forecasts Due to Strong Disgaea Vita Performance
Nippon Ichi, the company responsible for the Disgaea series, announced yesterday that they are altering their earnings forecasts for the current fiscal year. Due to how well their latest titles are selling, Nippon Ichi has raised their numbers.
Previous forecasts, announced back in May of last year, called for sales to round out at 2.288 million yen, operating income at 107 million yen, and net income of 59 million yen. The new forecast has sales lowered slightly to 2.246 million yen while operating income and net income are boosted to 303 million yen and 203 million yen, respectively.
Reasons behind the strong sales increase is cited to be thanks to the Vita title Disgaea 3 Return selling higher than expected in Japan and Disgaea 4 for the PS3 selling really well in North America and Europe. Downloadable content for the PS3 title has also been selling well.
Delayed releases for The Witch and the Hundred Soldiers for the PS3 and the North American version of Disgaea 3: Absence of Detention are the cause for lowering the sales figures. The delays are due Nippon Ichi’s hopes to improve quality and meet consumer expectations. Originally announced for a release date in Spring, The Witch and the Hundred Soldiers has been pushed back to June 28.