Image via BANDAI NAMCO

Documentations for Bandai Namco's mid-term plan have been shared online, revealing the company's ambitious plans for the next few years. The mid-term programme volition span from Apr 2022 to March 2025, and Bandai Namco intends to spend around $130 million to create its IP Metaverse.

Metaverse is a term used to describe an online virtual world that centers on social interaction. It's kind of like the next phase of social media, just now companies desire to take their own spin on it with their own resources. Bandai Namco wants to make a Metaverse past using its own intellectual property, and the programme reads that "each IP [will take a] new framework for connecting with fans."

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Bandai owns a vast amount of unlike IPs, including Pac-Human, Tekken, Nighttime Souls, the Nighttime Pictures Anthology, Soul Calibur, the Tales series, and the upcoming Elden Ring. Await each of those franchises to potentially be function of Bandai'due south grander Metaverse plans in the side by side few years.

Other topics brought up in the mid-term plan include a new primary strategy plan. The main strategies consist of an "Centrality Strategy," which consists of three goals — connecting with fans through IP, enhancing the value of IP, and making IP more successful worldwide. Also part of the strategy is developing more than diverse human resource and "connecting to a smile into the future."