Image credit: Reflector Entertainment

As another addition to the slew of smaller studios being dissolved by their parent companies, Bandai Namco announced in a press release that they are shutting down their subsidiary studio Reflector Entertainment, a Montreal studio responsible for 2024's action-adventure game Unknown 9: Awakening . In its notice, Bandai Namco explains that the reason for the liquidation is due to Reflector not meeting its expectations for "future business plans, necessary additional investment, and the possibility of profitability and business continuation."

The press release notes that the liquidation of Reflector will result in an estimated "extraordinary loss" of around 21 million euros, or 3.5 billion yen, for Bandai Namco in its Q3 fiscal report of this year. This is not the first time Reflector has been cut by Bandai, as around a month after the launch of Unknown 9: Awakening and presumably in response to its low sales, 18% of the workforce was laid off .…