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Bandai Namco to shut down Reflector Entertainment
Gematsu • • technology
Key Points:
- Bandai Namco has resolved to dissolve and liquidate its consolidated subsidiary Reflector Entertainment, which it acquired in September 2020.
- Reflector Entertainment released the game Unknown 9: Awakening in October 2024 to mostly weak reviews and failed to deliver on planned projects involving Bandai Namco intellectual property.
- The decision to close Reflector was made after reviewing future business plans, investment needs, and profitability prospects, aiming to enhance Bandai Namco's medium- and long-term corporate value.
- The liquidation process will follow local legal procedures, with no concrete completion schedule announced yet.
- Bandai Namco anticipates an extraordinary loss of €21 million in its consolidated financial results for the third quarter of the fiscal year ending March 31, 2027, due to this closure.
