Sega Financials Reveal Significant Profit Drop

Sega's quarterly financials are in and they don't look so hot, as profits were down considerably.

During the first quarter of the financial year, the publisher saw a disheartening 57.4 percent decline in profit thanks to such a thin lineup of game releases. In fact, the only title released for the quarter was Persona Q, which still has yet to make its way outside of Japan.

During the quarter, Sega made ¥88.3 billion ($858 million) in revenue, while net profits fell to ¥5.5 billion. Half-year losses are anticipated to be approximately ¥7 billion ($68 million).

Fortunately, the rest of the year will likely turn things around for the company, with the release of Persona Q in the west, as well as games like Sonic Boom and Alien: Isolation.

Upcoming Releases
Embark on an inspiring mission of human connection beyond the UCA. Sam — with companions by his side — sets out on a new journey to save humanity from extinction. Join them as they traverse a world beset by otherworldly enemies, obstacles and a haunting question: should we have connected?
Star Citizen is an upcoming space trading and combat simulator video game for Microsoft Windows. Star Citizen will consist of two main components: first person space combat and trading in a massively multiplayer persistent universe and customizable private servers (known as Star Citizen), and a branching single-player game (known as Squadron 42). The game will also feature VR support.
Atlas is an action-rpg with rogue-like elements where you use your ability to control the ground to fight the enemies and move through procedurally generated worlds.
Damnview: Built From Nothing is a simulation sandbox game about occidental culture and its different social classes. Immerse yourself into a decadent urban sprawl, all while working precarious jobs where you will either be absorbed into the system, or cast out of society’s machine. Damnview: Built From Nothing is a game about despair, the hostility of capitalism, and the need…
Reviews
X