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SEGA Posts Positive Financial Results, 33% Improvement Over Same Time Last Year

by Mike Guarino

Sega

SEGA has recently posted their financial results for the first quarter of fiscal year 2017, and the results are very good. Their net sales have increased from $521 million to $692 million year-over-year, marking a considerable improvement that will only seem to be getting better as we gear up for a big 2017 from them.

They also shared a brief breakdown of how things are going in the mobile, console and PC game industries, positing the following:

“Regarding the environment of the Entertainment Contents Business, a slowdown in the spread of smartphones in Japan and the predominance of top titles are accelerating in the market for digital games for smart devices. Therefore, provision of higher-quality content is expected, resulting in a trend of longer development lead times and higher operating costs. Meanwhile, in overseas business, future growth is expected mainly in Asia.”

“With regard to the packaged game software market, expectations are rising for future expansion of the market due to the penetration of next generation hardware of home video game console. In Europe, the U.S., and Asia, large markets have been developed for PC games.”

Their forecast for the entire year in Japan has an especially positive outlook, which is largely due to a strong lineup of games that includes the likes of Persona 5 and Yakuza 6. Total War: Warhammer has also proven to be successful for them, with 2.3 million units being shipped outside of Japan from April 1st to June 30th.

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