A financial statement released by Nippon Ichi indicates that the company saw an increase in profits this past fiscal year, ending March 31, 2011. Sales went up by 4.4% to ¥2,217 million, or $27.5 million dollars. Operating income recovered from a loss of ¥235 million ($2.9m) last year for a profit of ¥315 million ($3.9m) this year.
The statement attributed this increase to strong domestic sales. No figures with breakdown by title were included, though total video game sales clocked in at ¥2.058 billion ($25m), with their consumer games division gaining ¥505 million yen ($6.2m) in earnings. Nine games were released this year, with seven being new (i.e. Hyperdimension Neptunia, Ar tonelico Qoga: Knell of Ar Ciel, Atelier Rorona: The Alchemist of Arland), one a port (Phantom Brave: The Hermuda Triangle), and one a budget release (Disgaea Infinite).
Disgaea 4, the latest entry in Nippon Ichi’s flagship series, was released in Japan on February 24 and will be released in America and Europe on September 17. In addition, Cave Story 3D, Cladun x2, and Bleach: Soul Resurrección are slated for a summer release, while Atelier Totori: The Adventurer of Arland is expected to drop this fall.
The full financial statement (in Japanese) can be seen here.
Analysis: This is quite the improvement from last year, when losses outweighed profits and the company was on shaky ground financially. This bodes well for future releases both in Japan and abroad, and as seen from the upcoming releases it doesn’t look like Nippon Ichi will be slowing down in terms of domestic releases anytime soon, with this summer alone seeing three, along with a major release in Disgaea 4 this September. At the rate Nippon Ichi is going, it should see profits again this time next year. Now if only there was a release date for a domestic release of La Pucelle Ragnarok, though the current list of upcoming titles should at least keep one busy in the meantime.