We all know that Wii has been a headache to both Sony and Microsoft, but now it seems that Namco Bandai has joined the club.
Namco Bandai has been forced to cut down its full year profit forecast by 38 percent to 16.5 billion yen ($155.4m) and they are blaming Wii for that.
"A lot of the types of games that people played at an arcade can now be done at home," spokesman Yuji Machida told Reuters. "Many Japanese kids got a Wii last year, particularly over the holiday season, and it seems as if much of their pocket money is now being saved to buy more hardware or software for the console."
During the year, Namco will be closing 50 to 60 of its amusement arcades, accounting for around 20 percent of its total operations.
February 6, 2008 - 9:00pm
