Sega Sammy suffers 23% profit drop |
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Just a few months ago, Sega Sammy was in financial cloud nine as they reportedly sold 5.75 million video games in six months, now it looks like the tides have changed. The Japanese company announced a 23% drop in profits during the first nine months of the financial year, in spite of the thriving performance of its videogame business.Between April and December, net income plummeted from 63.49 billion Japanese YEN last year to 49.38 billion. According to the company, their slot machines, amusement arcade products, and videogame sales were really healthy. What became their pain in the neck is the low sales of their pachinko machines.
In spite of the drop in profits, the company's group net profit forecast for the entire financial year remains at 60 billion Japanese YEN, with an expected 580 billion YEN group sales. Among the company's games are Armored Core 4 (Xbox 360, PS3), Super Monkey Ball Adventure (DS, Wii), Football Manager 2006, and Virtua Fighter 5.
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User Favorites - December
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Comments [refresh]
Maybe it's because Sega don't make good games any more? When I think of the games they were making during the height of the Dreamcast era and compare them to things like Sonic the Hedgehog on 360 and Sega Rally 2006 for PS2 it's clear Sega are a mere shadow of their former self.
quote from article: "According to the company, their slot machines, amusement arcade products, and videogame sales were really healthy. What became their pain in the neck is the low sales of their pa*****o machines."
their games are selling fine. although i agree that 3d sonic sucks.
Wii had Super Monkey Ball Banana Blitz and DS had Super Monkey Ball Touch and Roll; neither one had Super Monkey Ball Adventure.