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Sega financials improve with increased swing to digital

Q1 profits up 400 per cent, Company of Heroes sells 380,000 copies

Sega Sammy has recorded Q1 profits of ¥12.9 billion ($131.8m / £87m), up 408 per cent compared to ¥2.5 billion ($25.8m / £17m) for the same period last year.

Net sales amounted to ¥90.7 billion ($923.6m / £609.7m), up 29.6 per cent on last year, with the company noting that sales of packaged goods slowed while demand for mobile, digital and social gaming was healthy.

Company of Heroes 2 sold 380,000 copies during the short time it was on sale in the three month period, while Phantasy Star Online 2 for the PS Vita sold 500,000 copies via digital and physical media.

Sales in the company's video game division were ¥18.8 billion ($192.2m / £126.9m) for the three months, with operating profits of ¥39 million ($396,104 / £262,104).

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Matt Martin

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Matt Martin joined GamesIndustry in 2006 and was made editor of the site in 2008. With over ten years experience in journalism, he has written for multiple trade, consumer, contract and business-to-business publications in the games, retail and technology sectors.

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