How many here remember Dynasty Warrios? Raise your hands please. Everyone? Ok GOOD. Now how many of you remember the franchise fondly? Ah, not quite as many I see. Well, it appears that milking a franchise for all it is worth and churning out a new game every year is not the cash solution it once was. Just ask Tecmo Koei CEO Kenji Matsubara.He will be resigning later this month following a disappointing 6 month financial statement that saw profits dwindle to $136.9 million, a drop of almost 30%. Tecmo Koei also posted an operating loss of $ 20 million in their video game division. Needless to say, this is not good.The outgoing Matsubara will be replaced by founder Yoichi Erikawa as CEO and President of Temo Koei Holdings and Tecmo Koei Games.I can completely see where they are coming from and why Matubara-san resigned. No one wants to post losees, especially when the economy is so fragile. Best to get some new blood into the position.source: AndriasangADD ARTICLE:
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