Close
Are you sure? Are you sure you want to report this comment? I understand, report it. Cancel

Finance

Video game sales fall at Sega Sammy

Fri 13 May 2011 8:39am GMT / 4:39am EDT / 1:39am PDT
FinancePublishing

Overall company profits up 105%; Sonic Colors sells 2.1m, Vanquish 830k

Sega Sammy has posted profits of 41.5 billion ($515.5m / 316.5m) for the full financial year, up 105 per cent on the previous year.

Sales were at 396.7 billion ($4.9bn / 3bn) for the year, a marginal increase of 3.1 per cent.

Sega Sammy's Pachislot and Pachinko Machines, Amusement Machines and Amusement Centre businesses performed positively, but sales in the consumer business - video games and toys - were down 26.5 per cent to 89.5 billion ($1.1bn / 681.7m) and operating profit down 69 per cent to 1.9 billion ($24.4 / 14.9m).

The company noted weak console sales in the US and Europe, as well as continued disruption from the Japanese earthquake and tsunami during the year, resulting in lower software unit sales.

In total, Sega sold 18.7 million console and PC games globally, of which approximately 7.8 million were in the US, 8.2 million in Europe and 2.6 million in Japan and other regions.

Nintendo DS and Wii game Sonic Colors sold 2.1 million units during the period, while multiformat movie tie-in Iron Man 2 shifted 1.5 million units.

New IP Vanquish sold 830,000 units during the year and Shogun 2: Total War 600,000 units

For the new financial year, Sega expects to sell 23.2 million games combined worldwide, and also noted the release of Mario & Sonic at the London 2012 Olympic Games as significant.

4 Comments

Chris Nash
Compliance Technician

44 13 0.3
Interesting. MCV reported this story as "Sega Sammy doubles profits", on here it's "Sales fall..." - does accentuating the negative work well for you as a journalistic strategy?

Posted:2 years ago

#1

Robley LeJeune
Developer

6 0 0.0
Sega Sammy Sounds Silly...Sorry.

Posted:2 years ago

#2

Andrew Goodchild
Studying development

1,199 317 0.3
Chris, I'd gues it's because this site is more concerned with video games than pachinko machines.

Posted:2 years ago

#3

Dennis Wan
Game Designer

18 0 0.0
Maybe it's just me, but I find it kinda sad that a veteran company like Sega has to rely on gambling to turn a profit. Undoubtably, gaming (the gambling kind) is definitely where the money is.

Posted:2 years ago

#4

Login or register to post

Take part in the GamesIndustry community

Register now