Tag Archives: financial report

Konami profits drop 3%

Japanese publisher Konami generated YEN 12.9bn (98m) in profit for its financial year ending March 31st 2011, a three per cent drop from last year’s YEN 13.3bn (101m). Net revenues fell 1.6 per cent year-on-year from YEN 262.1bn (2bn) to YEN 258bn (1.9bn). This is across its overall business. In …

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Sainsbury’s posts minor sales rise

Sainsbury’s has seen a small increase in profit of one per cent during its fourth financial quarter. Profits rose 2.3 per cent year-on-year (or 4.7 per cent including fuel). Total product sales increased 3.5 per cent (or 6.8 per cent including fuel). Sales of non-food goods grew at more than …

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Atari online revenues soar 494%

Atari’s revenues dropped from €92.5m (77.7m) to €41m (34.4m) year-on-year during the nine months ending December 31st. Despite the 55.7 per cent dip in overall revenues, Atari’s online business grew 493.5 per cent during the fiscal period. €18.4m (15.4m) was generated in this area compared to €3.1m (2.6m) the year …

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Nintendo profits fall 46%

Nintendo has reported a 46 per cent drop in profits since its previous financial quarter. Total profits from October to December 2010 stand at 104.6bn (794m), down from 192.3bn (1.46bn) made during the same period last year. This represents a change of 87.7bn (667m). Profits for the entire nine months …

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Toys R Us blames games for low sales

Toys R Us has posted international sales of $965m for its second quarter ending July 31, 2010 – a drop of $26m year-on-year. The retailer said in a statement: Comparable store net sales grew 0.6 per cent in the US and declined 3.2 per cent in the international segment, as …

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Argos hit by challenging game sales

Catalogue retailer Argos has posted a five per cent year-on-year dip in sales to 924m in its fiscal quarter ending August 28th. Argos owner Home Retail Group said this was due to less demand for video games and furniture. A statement read: Video gaming and large ticket home-related areas such …

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Take-Two posts $6m profit

Take-Two has announced net revenues of $354m for its third fiscal quarter ending July 31, 2010 – up from last year’s $95m. The parent company of Rockstar and 2K Games cited strong sales of Wild West shooter Red Dead Redemption for the jump in revenue. The game has sold 6.9m …

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Ubisoft becomes No.2 UK publisher

Ubisoft has become the No.2 publisher in UK and Europe as it announced game sales almost doubled year-on-year. The publisher now has a 9.5 per cent share of the games market in Europe and 11 per cent in the UK. Comparatively, in the US Ubisoft is No.4 publisher with a …

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Pre-owned drives HMV games growth

HMV has stated that despite what it describes as a very challenging year” for the video games market that saw it decline 25 per cent year-on-year, the retailer has gained market share in the sector – thanks in part to an increasing contribution” from its pre-owned offer Re/Play. Overall sales …

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