Namco Bandai has reported increased losses and falling sales for the first quarter of the fiscal year ended March 31, 2009.

The company posted a net loss of 2.85 billion yen ($29.9m/£17.7m), down from a one billion yen profit in the same quarter last year, while sales declined 15.8 per cent to 75.73 billion yen ($796m/£470m).

Sales in the firm’s Games Content division, which houses videogame software, arcade machines and mobile operations, fell by more than 25 per cent to 20.21 billion yen ($212.4m/£125.4m), while the segment saw an operating loss of 4.14 billion yen ($43.5m/£25.7m).

The firm’s bestselling titles during the quarter were Afro Samurai for PS3 and Xbox 360 (420,000 units), We Ski & Snowboard for Wii (270,000) and Dragon Ball Z: Attack of The Saiyans for DS (190,000).