$44.6M in profits from Sega this fiscal year
Sega’s fiscal year report is in, and it’s doing just fine — in the games department that is. Sega reports that it raked in $44.6 million in profits, and $2.94 billion in sales, down from a profit forecast of $98.1m.
The culprit? Pachinko, apparently, as that part of their business is down 30% from its forecasted revenue, but with their games division doing so well they aren’t too worried.Sonic ManiaandTotal War: Warhammer 2are mentioned as the driving forces of these figures.
This is a stark contrast to 2014, which had a booming increase in the pachinko arena for Sega, beforecutting 200 jobs in 2015(an action blamed onBayonettaandFist of the North Starmachines, which under performed). Other companies like SNK Playmorehave quit the business entirelywhile a few like Konami have doubled down on it with high cost machines.
Sega’s game division holds strong despite 54.5% cut to company-wide profit forecast[Gamesindustry.biz]
