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SEGA’s Profits Increase Despite Reduced Sales

by Mike Guarino

Sega

SEGA has released their financial results for the last year, spanning the period of April 1st, 2015 to March 31st, 2016. Despite their sales declining due to less games being released, they actually enjoyed improve profits over this time last year. This is partly due to the company’s increased focus on mobile gaming.

Overall sales were at $3.1 billion, which is a slight drop from last year’s $3.3 billion. However, profits rose to $161 million, which was a minor improvement over last year’s number by 0.7 percent. Phantasy Star Online 2 was called out as enjoying high sales numbers, with other games like Chain Chronicle and Puyopuyo!! Quest being noted.

The company mentioned the reach of new smartphone games slowing down in Japan, with current popular games showing no signs of slowing down. This has resulted in the company aiming to put more development time into each game, as a means of releasing a game that will have longer staying power.

Looking to the future of PC and console games, the upcoming releases of games like Persona 5, Yakuza 6 and Total War: Warhammer are being counted on to increase their profits later this year.

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