Tag Archives: sega sammy

Sega to downsize, axe certain games

Sega is expecting a loss of 54m (7.1bn) as it restructures its US and European operations. Parent company Sega Sammy Holdings has today said it will carry out a ‘structural reform’ of Sega’s consumer business. It said it will ‘streamline’ its US and European video game operations and create a …

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Sega income dips 6.6 per cent

Sega Sammy’s income has dropped slightly due to sluggish video game sales in Europe and the US. For the nine months ending December 31st 2011, the publisher’s net income was 284.7m, a slight drop of 6.6 per cent compared with the year before. The firm enjoyed strong sales from its …

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Sega Sammy reports revenue and profit falls

Japanese gaming giant Sega Sammy Holdings has reported a fall in both revenue and profit for the six months ending September 30th. Revenue fell to 1.2bn, a decline of 29.9 per cent. Net profit fell 83.7 per cent to 30m. Unsurprisingly the Japanese earthquake was the chief culprit in the …

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Sega Sammy profits rise 117%

Sega Sammy has posted its financial results for the nine months ending December 31st, with a 117 per cent rise in profit year-on-year. Total sales increased 8.7 per cent during the period to 310bn (2.4bn), up from 285bn (2.2m) the year prior. Profit rose from 17bn (129m) to 37bn (281m). …

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Segas profits rise 200%

Sega Sammy Holdings has posted a year-on-year increase of almost 200 per cent for its fiscal year ending March 31. Profits hit 151.8m in the period, up from a loss of 171.3m in the same period last year, while total sales were down 10.4 per cent year-on-year. These figures take …

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Sega Sammy halves annual losses

Sega Sammy Holdings Inc has reported that its annual fiscal results are in the red for the second year in the row – but that losses halved from the previous period. The company said in an earnings statement for the year ended March 31 that it had suffered a net …

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Sega Q1 sales up 90%

Post-Christmas sales of Mario & Sonic At The Olympic Games have helped push Sega’s Q1 revenues for 2008-2009 up 90 per cent to 30.5 billion Japanese yen ($279.6m). The result, for the three months to March 31st 2008, means that the division reduces its operating loss from 7.2 billion yen …

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Sega Sammy posts $499m FY loss

Video game firm Sega’s parent, Sega Sammy Holdings, has reported a net loss of 52.47 billion Japanese Yen ($499 million) for the 12 months to March 31st, 2008. The figure compares unfavourably to the firm’s net income from FY 2006-2007 of 43.46 billion Yen ($413.4m). Revenue also dropped sharply – …

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