Sega Posts 141% Growth in Operating Profits in Latest Fiscal Report

SEGA has revealed in its latest fiscal report that impressive sales of new releases have driven the company to a successful quarter.

Posted By | On 10th, Feb. 2022

Sega

SEGA recently released its financial results for the third quarter (October-December) of the fiscal year, and judging by the numbers, the company did quite well in terms of growth. While the company may have been in the news recently for leaving their Arcade legacy behind, or for opening up a new studio in Sapporo, that hasn’t stopped them from enjoying great sales and profits.

As per the report, the company posted  increases in net sales and operating profits, enjoying significant growth year on year, going up 12.6% to 141.5% respectively. In terms of the entertainment content, which includes video games, the company enjoyed a 6.1% growth in sales and 11% growth in ordinary income.

The entertainment content is listed to be one of the key reasons for the positive performance of the company, with games such as Shin Megami Tensei 5, Football Manager 2022, and Super Monkey Ball Banana Mania having performed well.


Tagged With:

Amazing Articles You Might Want To Check Out!

Keep On Reading!

Why Uncharted Fans Shouldn’t Skip Indiana Jones and the Great Circle on PS5

Why Uncharted Fans Shouldn’t Skip Indiana Jones and the Great Circle on PS5

In the absence of a new Uncharted, Indiana Jones can ironically fill that void.

PS6 Portable Has a 15W 3nm SoC, Runs PS5 Games in Lower Resolution – Rumor

PS6 Portable Has a 15W 3nm SoC, Runs PS5 Games in Lower Resolution – Rumor

The handheld's performance is allegedly "somewhere between Xbox Series S and PS5" and "tapes out" a few months...

Clair Obscur: Expedition 33, Towerborne, Dredge, and More Headline Game Pass in Late April/Early May

Clair Obscur: Expedition 33, Towerborne, Dredge, and More Headline Game Pass in Late April/Early May

Titles like Sniper Elite 5, The Last Case of Benedict Fox, Kona 2: Brume, and Have a Nice Death will leave the...

Skull and Bones Kicks Off Year 2 Season 1 With Major Content Update

Skull and Bones Kicks Off Year 2 Season 1 With Major Content Update

The second year of Skull and Bones is kicking things off with a host of new content, including a new ship and ...

Destiny 2: The Edge of Fate Reveal Announced for May 6th

Destiny 2: The Edge of Fate Reveal Announced for May 6th

Bungie is seemingly gearing up to reveal the next expansion for its looter shooter, which is scheduled to drop...

Baldur’s Gate 3 – Patch 8 is Out Now on Consoles and PC

Baldur’s Gate 3 – Patch 8 is Out Now on Consoles and PC

The final update for Larian Studios' critically acclaimed D&D role-playing game adds Photo Mode, cross-play, n...