Sega’s 2018-19 Financials Show Revenue on the Rise, But Profits Still Slumping

A bit of good news, but still not where Sega wants to be.

Posted By | On 30th, Apr. 2019

While the big three hardware manufactures had their fiscal reports last week, some Japanese third parties also held theirs, including Sega, one of the biggest third party Japanese game publishers. While there’s been a flood of seemingly positive news with more Persona 5 games than you could ever need (Sega owns Atlus, the publisher of that series), overall the financials weren’t too great for Sega. While the last quarter of the financial year showed a rise in overall revenue, the profits are still on the decline.

The company did see an increase in actual game sales during the quarter, while the rest of the year saw game revenue down, generating ¥331.6 billion in sales. But that was a year on year rise of only ¥8 billion. Part of that was attributed to several delays. Twelve games were actually planned for release in the year, but only eight managed to make their dates. Sega also highlighted upcoming titles the company hopes will help to turn things around, such as Total War: Three Kingdoms, Team Sonic Racing, and potentially a new entry in the Yakuza series.

The rosiest news in the report actually came from outside gaming, with the company’s Pachislot and Pachinko division seeing increase in sales and operating avenue. For a full breakdown on the report, you can head on over here.


Tagged With: , , , ,

Amazing Articles You Might Want To Check Out!

Keep On Reading!

Kiln Open Beta is Now Available on Steam

Kiln Open Beta is Now Available on Steam

Pottery never looked this entertaining, and probably never had this much breakage with a chaotic gameplay loop...

Samson Roadmap Revealed, Next Update Focuses on Stability, Polish and Feedback

Samson Roadmap Revealed, Next Update Focuses on Stability, Polish and Feedback

It’s a busy month ahead in Tyndalston as the Samson team tries to claw its way back into its players’ good...

Code Vein 2’s Patch 1.0.7 Brings Performance Fixes, Balancing Changes, and More

Code Vein 2’s Patch 1.0.7 Brings Performance Fixes, Balancing Changes, and More

The new patch aims to improve performance and quality of life while making subsequent playthroughs feel more c...

MOUSE: P.I. For Hire Trailer Reveals Cast, Including Troy Baker as Jack Pepper

MOUSE: P.I. For Hire Trailer Reveals Cast, Including Troy Baker as Jack Pepper

He's joined Florian Clare, who plays journalist Wanda Fuller; Camryn Grimes, the voice of assistant Tammy Tumb...

Wuchang: Fallen Feathers Producer/Director Fired, Studio Faces Layoffs – Rumor

Wuchang: Fallen Feathers Producer/Director Fired, Studio Faces Layoffs – Rumor

It’s more saddening reports of layoffs, and Leenzee might just be taking a more brutal approach than most if...

New Metro Game Expected to be Announced Next Week – Rumor

New Metro Game Expected to be Announced Next Week – Rumor

4A Games could finally reveal more details about the franchise's next mainline title, which was confirmed to b...