Namco is merging with Bandai
Gamefront.de
http://www.gamefront.de
Namco plans to merge with Bandai
Namco und Bandai wollen fusionieren
Babelfish
02.05.05 - Bandai and Namco plan to fold up their business starting from
autumn 2005, whereby the second largest toy video game manufacturer of Japan
would develop. Forbes is reporting this with reference to the Japanese
newspaper Nihon Keizai Shimbun.
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Forbes
http://www.forbes.com/finance/feeds/afx/2005/05/01/afx1988580.html
Quote:
Bandai, Namco to form Japan's second-largest toy-game group in fall -
report
05.01.2005, 07:48 PM
TOKYO (AFX) - Bandai Co and Namco Ltd plan to integrate their
operations as early as autumn to create the second-largest toy-game business
group in Japan, the Nihon Keizai Shimbun reported without citing sources.
Their combined annual sales total 458 bln yen, trailing only those of
Sega Sammy Holdings Inc, the business daily said.
The integration plan is expected to be announced today after
extraordinary board meetings this morning, it said, adding that both
companies had been contemplating tie-ups with other companies to ensure
their survival amid intensifying competition stemming from Japan's rapidly
falling birthrate.
Bandai is Japan's leading toymaker, and has product development rights
to a range of popular animated characters. It has been using those rights
not only in its toy business, but also in video and video game operations.
Namco is a major developer of home video games and arcade game
equipment, as well as a leading operator of amusement facilities.
________________________________
Bloomberg
http://quote.bloomberg.com/apps/news?pid=10000006&sid=av7r5g5l2tjg&refer=home
Bandai Co. and Namco Ltd. may advance after the Nihon Keizai newspaper said
they will merge this autumn to create Japan's second-largest toymaker,
behind only Sega Sammy Holdings Inc. Shares of Bandai and Namco were
temporarily suspended by the Tokyo Stock Exchange.
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