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kowenicki said:

Lost Odyssey released on an install base that was tiny compared to this game...


This argument is missleading. Early generation titles despite the small userbase tend to have an advantage since they have little competition and they are after all the  new generation of already enjoyed games.

Lost Odyssey was indeed a new game but it came with the legacy of Hironobu Sakaguchi, the famed creator of the Final Fantasy series.

So there are NO excuses there.

kowenicki said:
So both games sold terribly then.


That is just ignorant.

Ni no kuni did very well compared to the Japanese sales, which are usually very strong for these kind of games.