Japanese publisher Sega Sammy has reported an 18.7 per cent drop in net sales for the year ending March 31st 2013.
In total the numbers fell from ¥395,502m to ¥321,407m. Operating income dropped 67.3 per cent to ¥19,073m.
However, a number of factors including sales of investment securities, employee pension fund changes, subsidiary liquidations and tax issues led to a 53.3 per cent jump in net income to ¥33,460m.
Net sales at the company’s consumer business (home to its video games operations) fell two per cent to ¥84,740m while operating losses fell from ¥15,182m in 2012 to ¥732m.
Sonic & All Stars Racing Transformed was the company’s best selling game in the period, shifting 1.36m units in the US and Europe. Aliens: Colonial Marines lagged just behind with 1.31m sales.
Football Manager 2013 has sold 940k copies while Olympic tie-in London 2012 sold 680k.
Digital sales accounted for 46 per cent of the company’s overall software output. Sega expects roughly the same in its current financial year.
Sega Sammy predicts a moderate recovery for the Japanese economy in the year ahead although the company has pledged to “rationalise” its packaged game software business “in an effort to establish a structure that can consistently generate profit”.
It also expressed its intentions to publish on next-generation consoles and to “address the expanding market for new content in the field of digital game software”.
It predicts a 50.9 per cent jump in net sales and a 282.7 per cent increase in operating income for the current financial year.