Sega Posts Losses in Game Business, but Pachinko Stabilises the Company
Correcting their expectations down by around 20 per cent for the rest of the fiscal year, Sega has suffered losses in the gaming department since 2023, not least because of the sales of Amplitude and Relic. The Pachinko gambling business however manages to stabilise the company's half year finances.
The Sega Sammy Group has released the half year results of the company for the six months that ended 30 September 2024. The company has suffered losses in several categories over the same timespan of 2023: While sales remained relatively stable with 211,663 million yen (about 1.29 billion euros) in contrast to 221,620 million yen (about 1.35 billion euros) in the six months before 30 September 2023 (a total loss of only 4,5 per cent), Sega’s operating income is down to 32,816 million yen (about 199.7 million euros) in contrast to 40,058 million yen (about 248.8 million euros) in 2023, a decline of 18.1 per cent. Ordinary income declined 21.4 per cent year over year, from 42,086 million yen (about 256.1 million euros) in 2023 to 33,095 million yen (about 201.4 million euros) in 2024.