SEGAbits Forums
Gaming => General Gaming Discussion => Topic started by: ROJM on October 31, 2011, 05:28:15 am
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Sega Sammy profits and revenue take a tumble
Japanese gaming giant Sega Sammy Holdings has reported a fall in both revenue and profit for the six months ending September 30th.
Revenue fell to £1.2bn, a decline of 29.9 per cent. Net profit fell 83.7 per cent to £30m.
Unsurprisingly the Japanese earthquake was the chief culprit in the decline, with the disaster “devastating” the supply chain for its pachinko arcade operations.
The consumer games division saw revenue fall 13.1 per cent year-on-year to £269.5m. Operating losses increased by almost a factor of five to £47.7m.
In total the unit shifted 4.8m games units, with Europe proving the most successful region accounting for 2.12m of that total. Releases in the period such as Captain America were described as “slow” and “affected by adverse market conditions”.
“In the home video game industry, demand was generally weak in the US and European markets due to the headwinds such as sluggish personal consumption,” the firm stated.
“The Group needs to adapt to a changing business environment in which the market demand for new content geared toward social networking services and smartphones is expanding.”
Mon Oct 31, 2011 3:01am EDT
Oct 31
SEGA SAMMY HOLDINGS INC.
CONSOLIDATED FINANCIAL HIGHLIGHTS
(in billions of yen unless specified)
6 months ended 6 months ended Full year to
Full year ended
Sep 30, 2011 Sep 30, 2010 Mar 31, 2012
Mar 31, 2011
LATEST YEAR-AGO COMPANY
YEAR-AGO H1 RESULTS H1 RESULTS
FORECAST RESULTS Sales 152.60
217.81 440.00
(-29.9 pct) (+41.1 pct) (+10.9%)
Operating 15.18 46.85 77.00
(-67.6 pct)
(+12.0%) Recurring 14.72
46.10 75.50
(-68.1 pct) (+10.8%) Net
3.98 24.35 38.00
(-83.7 pct)
(-8.5%) EPS Y15.79
Y96.66 Y151.03 Diluted EPS
Y15.77 Y96.66
Annual div Y40.00
Y40.00
-Q2 div Y20.00 Y20.00
-Q4 div Y20.00
Y20.00
I'd expect the profits will come in by the end of march once their big titles are released, but of course that would only make it moderate if the other divisions are losing money and depending how well the consumer side does well.
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So did they make a profit or a loss at the end of the day, I'm completely clueless when it comes to this kind of stuff...
If they are still profitable then it's fantastic to be honest, So many Japanese companies are making losses including Nintendo who made such a massive loss recently.
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So did they make a profit or a loss at the end of the day, I'm completely clueless when it comes to this kind of stuff...
If they are still profitable then it's fantastic to be honest, So many Japanese companies are making losses including Nintendo who made such a massive loss recently.
Made profits of about £32/$51 million not that what I just posted is going to be relative, currencies are very volatile at the moment.
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Especially the yen. It's supposed to be appreciating against the dollar really seriously.
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So did they make a profit or a loss at the end of the day, I'm completely clueless when it comes to this kind of stuff...
If they are still profitable then it's fantastic to be honest, So many Japanese companies are making losses including Nintendo who made such a massive loss recently.
its a loss,whether the main releases make their money or not the final report will post moderate earninings. The impact is being made by the operating losses which will impact on the final report next year.
@Aki you do know that shipment and retail sales are totally different things,right? So RON shipped 200 000 units doesn't mean it sold that many at retail. We just have to look at VANQUISH for that. If it continues to receive more orders ie have more shipments by the final report than maybe we can judge that game to be succesful,but i doubt it performed well at retail.