Article
ZP Financial Network
by Darren Pierce : Radar, Radar! : 11.13.04 10:10am EST
Thumbnails
A brief update ...
Bandai is generally profitable and strong in all sectors, seeing growth in their Tamagotchi and Dekaranger lines. American sales, however, are weak, citing low penetration due to "unoriginal product". Their hopes for the next few months rest on Teen Titans.
Takara is taking steps to shore up its bottom line after its recent negative report. The toymaker has cut its part-time workforce in half, slashing 140 jobs. The Q-Car project is on the chopping block with monthly sales in the abysmal single digits. Sales at the "Garage" Q-Car dealership and lifestyle merchandise outlet are off and the store might be dropped or spun-off. Low rotation stock was liquidated, freeing up credit and generating short-burn capital. Re-organizations and contractions of management also include spinning off their amusement enterprise under a new business unit.
Boys' toys sales are down overall, with Duel Masters products cited as the sole shining star on the balance sheet. In North America, Breezy Singers are seeing strong sales and fueling a possible re-branding of Takara's presence in the US.
Bandai is generally profitable and strong in all sectors, seeing growth in their Tamagotchi and Dekaranger lines. American sales, however, are weak, citing low penetration due to "unoriginal product". Their hopes for the next few months rest on Teen Titans.
Takara is taking steps to shore up its bottom line after its recent negative report. The toymaker has cut its part-time workforce in half, slashing 140 jobs. The Q-Car project is on the chopping block with monthly sales in the abysmal single digits. Sales at the "Garage" Q-Car dealership and lifestyle merchandise outlet are off and the store might be dropped or spun-off. Low rotation stock was liquidated, freeing up credit and generating short-burn capital. Re-organizations and contractions of management also include spinning off their amusement enterprise under a new business unit.
Boys' toys sales are down overall, with Duel Masters products cited as the sole shining star on the balance sheet. In North America, Breezy Singers are seeing strong sales and fueling a possible re-branding of Takara's presence in the US.