The Legend of Heroes: Trails of Cold Steel III

Trails JRPG Series Has Shipped Over 4.5 Million Copies; Falcom Announces Financial Results

Nihon Falcom posted its financial results for the first quarter of the fiscal year and provided an update for the shipments of the Trails series.

Today Nihon Falcom posted its financial results for the first quarter of the fiscal year, related to the period between October 1 and December 31. The company also provided an update for the shipments of the Trails series.

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The Tokyo-based developer reports 477 million yen in sales, down 14.5% year-on-year. Operating income (basically profit, in layman’s terms) was 300 million yen, down 19.9% year-on-year.

Interestingly, sales for the product division during the quarter were 32 million yen (down 67.8% year-on-year), with the lion’s share recorded by the licensing division, 444 million yen (down 2.7% year-on-year).

If you’re wondering the product division records sales of Nihon Falcom’s games in Japan. The licensing division records sales of the developer’s titles overseas through various publishers like NIS America and Xseed Games.

Basically, the vast majority of Nihon Falcom’s revenue between October and December comes from the west and Asia (excluding Japan).

On top of this, we learn that the Trails series (known in Japan as the Kiseki series) has now shipped over 4.5 million units. That’s 200,000 more than the latest update posted in November.

Speaking of the Trails series, The Legend of Heroes: Trails of Cold Steel III is coming to the west for Nintendo Switch and PC via Steam. At the moment, we don’t yet know when and if we’ll get Trails of Cold Steel IV.

On the other hand, Nihon Falcom is already working on a new game, The Legend of Heroes: Hajimari no Kiseki, which will release this summer in Japan for PS4.


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Giuseppe Nelva
Proud weeb hailing from sunny (not as much as people think) Italy and long-standing gamer since the age of Mattel Intellivision and Sinclair ZX Spectrum. Definitely a multi-platform gamer, he still holds the old dear PC nearest to his heart, while not disregarding any console on the market. RPGs (of any nationality), MMORPGs, and visual novels are his daily bread, but he enjoys almost every other genre, prominently racing simulators, action and sandbox games. He is also one of the few surviving fans on Earth of the flight simulator genre.