And yet they killed Namco Generations.

It looks like a game that cost less than 100K USD to be made, so, why stop now? If give then profit, they will make more.

I have no idea what this game is. Perhaps it's really cheap to make?

They already have the engine and models created so it's cheap to make a sequel rather than a completely new game. As long as the show does well expect to see games. I never played the first game but the trailer for the second looks 3D World inspired; the level design is promising.

Yet Namco is all up in arms about localizing games which is far less than developing a brand new game.

Looks like it made profit after all. Banco knows how to make that $$$.

I guess they ran out of old arcade titles they could re release.  Plus most people use emulators for that now.

Pac-Man CE and Galaga Legions were not rereleases, and you can't emulate what doesn't exist.

If it wasn't a cheap developed game then it wouldn't have made a profit :P. Look at games like Hyperimdension or atelier that barely pass the 100k mark, but they keep getting sequels because they're making a profit. Industry needs cheaper games that fit a niche audience!

It seems that Namco made a profit with the ghostly adventures products, there's going to be a second season of the cartoon too.