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Bandai Namco has revealed it cancelled development of "at least" five projects following a review to implement "stricter standards" and an "emphasis on quality" in its upcoming games.
The information comes from the company's latest financial report for Q3 of FY2024, which contained changes to its projections of profits and sales for the full fiscal year.
The Tekken 8 and Elden Ring publisher lowered its projections for profits due to "valuation losses". These losses include "loss on disposal of titles following a review of the composition of the titles within the next mid-term plan in mind", the company stated in its report.