Sega reports 780 million Yen loss in Q2

Down from last year’s “what-the-fuck” worthy 6 billion Yen.

Posted By | On 02nd, Nov. 2012 Under News | Follow This Author @Shubhankar2508


Sega has revealed its financial figures for the second quarter of financial year 2012-13, and while they’re a huge step up from the same period last year, they’re still not very prrety.

Sega has reported a loss of 780 million Yen in Q2- July to September. Now, compared to last year’s losses of 6 million Yen, that is a huge improvement, but it looks like Sega still has some thinking and restructuring to do. The loss translates to roughly $9.7m/£6m.

Sega’s games division made a total of 35.7 billion Yen/$445 million/£276 million in Q2, which is 5.6 per cent up from last year.

Sega as a whole managed to make 136.6 billion Yen/$1.7 billion/£1.1 billion, 10 per cent down from last year’s revenues. Profit, however, was up 2.7 per cent at 3.9 billion Yen/$48 million/£30 million.

Due to the heavy restructuring Sega is going through, they shipped only 2.7 million copies of software in the quarter, implying that they may be moving away from software in the future.

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