Author Topic: Sega lowers six month revenue forecast by 22 per cent  (Read 4415 times)

Offline pirovash88

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Sega lowers six month revenue forecast by 22 per cent
« on: September 30, 2015, 02:48:23 pm »
http://www.gamesindustry.biz/articles/2015-09-30-sega-lowers-six-month-revenue-forecast-by-22-per-cent


Quote
Taiyo subsidiary will offer "voluntary retirement" to 200 employees as part of restructuring effort

[/size]Upheaval in Sega's Pachislot and Pachinko business has prompted the company to reduce its revenue expectations by 22 per cent for the first half of the fiscal year.Sega previously expected to earn ¥200 billion ($1.7 billion) in the six month period, but that has been knocked down 22 per cent to ¥156 billion ($1.3 billion). It has also altered its profit expectations from a ¥14 billion ($116 million) to ¥6.5 billion ($54 million), a drop of 53.6 per cent.According to documents released by Sega, there were two main contributors to the change. One was the decision to delay the release of certain Pachislot and Pachinko machines to the second-half of the fiscal year. As a result, pachislot sales are expected to be 70,000 units, versus the original expectation of 165,000, and pachinko sales are expected to be 79,000 units, versus 110,000.The second is more troubling, as it will require the "voluntary retirement" of around 200 people at Taiyo, one of Sega Sammy's subsidiaries.
Found this interested so figured i'd post it.
Gamertag: Pirovash88 Twitch.TV/Pirovash88

Offline max_cady

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Re: Sega lowers six month revenue forecast by 22 per cent
« Reply #1 on: September 30, 2015, 03:15:31 pm »
And naturally this is the only f***ing story that most video game media outlets will run about SEGA.

Offline Trippled

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Re: Sega lowers six month revenue forecast by 22 per cent
« Reply #2 on: September 30, 2015, 03:57:01 pm »
And naturally this is the only f***ing story that most video game media outlets will run about SEGA.

People won't realize that this about Sammy/Pachinko. I dont get why people dont have concepts of conglomerates - same goes for Konami (their Pachinko doesnt have any influence on which games get or dont get made)

Offline pirovash88

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Re: Sega lowers six month revenue forecast by 22 per cent
« Reply #3 on: September 30, 2015, 04:26:25 pm »
And naturally this is the only f***ing story that most video game media outlets will run about SEGA.

gamesindustry.biz reports on anything financially related to any game company..
Gamertag: Pirovash88 Twitch.TV/Pirovash88

Offline fernandeath

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Re: Sega lowers six month revenue forecast by 22 per cent
« Reply #4 on: October 05, 2015, 05:24:33 am »
That's good news, right ?

Offline EnternalHope

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  • Sega fan for Life.
Re: Sega lowers six month revenue forecast by 22 per cent
« Reply #5 on: October 15, 2015, 06:38:55 pm »
And naturally this is the only f***ing story that most video game media outlets will run about SEGA.

There's a natural bias against SEGA in game media regards.