Tales Studio, the Namco Bandai subsidiary responsible for the long running Tales series of RPGs, has been revealed to be in dire financial straits.
The company is 100% privately held by Namco Bandai, so its public reporting of accounts is limited, but what it has published recently is none too promising:
These figures essentially show an annual loss of 1 million dollars and an accumulated debt of 21 million dollars, exceeding their total assets – the company will either go bankrupt, “restructure,” or go cap in hand to Bandai bosses begging for more cash based on promises of future success – which may be problematic considering the size of the loss they are dealing with themselves.
An alternative might be a re-absorption into Namco Bandai, although this would not guarantee any success in actually tackling the decline of the franchise.
Even amongst Japanese RPGs the Tales series stands out as being devoid of innovation and consisting of little more than an interminable series of rehashes, remakes and spin-offs. Whether the company’s decline can be arrested before bankruptcy or dissolution seems doubtful considering its parent company is hardly managed any better.