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Nippon Ichi Software, This Can't Be Good (Part II)

Illustration for article titled Nippon Ichi Software, This Cant Be Good (Part II)

Last Friday, Nippon Ichi Software, the developer behind the Disgaea series, announced its financial earnings. They were not good.

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As Kotaku previously reported, the operating profit for the Gifu Prefecture-based company is down 97.5 percent during the first nine months of this financial year.

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The company's closing price on the JASDAQ (Japanese NASDAQ) was ¥36,200 on Friday. When the market opened this morning, and investors began reacting to Nippon Ichi's financial statement, the stock price ultimately dropped ¥7,000 (US$78) as the stock was unloaded. With the stock's value dropping almost 20 percent, the JASDAQ put a freeze on the price so it could not slide any further south.

The last nine months appear to have been rough for Nippon Ichi. Here's hoping the next nine won't be.

NSJショートライブ - 毎日jp(毎日新聞) [Mainichi]

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DISCUSSION

d-mitsuki--gotta-have-guts-ki-old
D Mitsuki, Gotta have guts kid!

With their current production value there is absolutely NO reason the games should not be multiplatform and available on EVERY console out there. (PS3, Xbox 360, Wii, DS, PSP, iPhone, and possibly PC)

And if anybody says "they have to look at cost blabla hard to develop blablabal" I will port it to every system named for 10 bucks and some honey dew in 2 weeks if they hire me. And lots of companies would do it for less if they failed so hard they couldn't.