Bandai Namco to close Reflector Entertainment

Bandai Namco has announced the dissolution and liquidation of its Canadian subsidiary, Reflector Entertainment. The decision follows the poor commercial performance of the action-adventure title, Unknown 9: Awakening, which was released in October 2024 for PlayStation, Xbox, and PC.

Reflector Entertainment, based in Montreal, was acquired by Bandai Namco in 2020 to strengthen the Japanese company's presence in Western markets and to develop original narrative universes spanning games, comics, and podcasts. However, the studio failed to meet profitability expectations and did not deliver on plans to work with existing Bandai Namco brands.

The closure is expected to result in an extraordinary loss of approximately 21 million euros, which will impact the company's third-quarter financial results. The liquidation process will proceed according to local laws, though a final completion date has not yet been established.