Sega Sammy slashes expected profits by 90%

"Japanese entertainment firm Sega Sammy notified investors today that it plans to make significantly less money this fiscal year than previously predicted, slashing its expected profits by nearly 90 percent.

The company now expects to close its fiscal year next March with a profit of 2 billion yen (~$16.2 million USD), down from the predicted 19 billion yen (~$154.2 million USD) it was clinging to as recently as its last earnings report."


http://gamasutra.com/db_area/images/...30/Capture.JPG


Full story http://www.gamasutra.com/view/news/2...c_game_biz.php

Lol.

¯\_(ツ)_/¯

It's sad seeing so many once great Japanese game companies go down the toilet devaluing their IPs and focusing on moble FTP trash or pachinko.

Sigh, give me another Rick.

https://i.ytimg.com/vi/4IMTeeeb-vk/hqdefault.jpg

Quote:

---

Originally Posted by Barone

Lol.

---

Pretty much my thoughts.

Some badass dude needs to make Sega/Sami and Konami an offer right now.

...I would, but I spent all my money on cheeseburgers.

agreeing with everything written so far - really finding it hard to care at the moment, sadly. their lineup this last year wasn't nearly as good as prior ones, and pachinko can go kick rocks.

Shocking how times have changed quickly. One day SEGA is tops in the gaming world and then suddenly a former shadow of itself. Sigh.

This is basically Sega's attitude towards the die hard fans...

https://scontent-lax3-1.xx.fbcdn.net...84&oe=56DFAF1A

^I'm fine with that.





























Give us a Genesis 2(Giga Drive?) instead :p.

Like almost everyone else here, it's hard to care anymore. Gaming has moved on and so have I.

Poor Sega...

They aren't even Complete Monsters like Konami.

Quote:

---

Originally Posted by GameUser-16-32-128

Shocking how times have changed quickly. One day SEGA is tops in the gaming world and then suddenly a former shadow of itself. Sigh.

---

This, in my opinion, describes the Japanese gaming industry in its entirety.

Sega, Nintendo, Konami, Capcom and Square are all mere shadows of their former selves.

The breakdown in the numbers there seems a bit misleading, the PDF from Gamasutra explains a bit better but I am not really a finance guy. The did acquire Index this year as well so I'm sure that hurt numbers a bit.

TBH, that one last petition for a DC 2 was fucking idiotic. I think ReviewTechUSA summed it up pretty well. He is a bit of a realist, borderline pessimistic, on the subject; but he was right on all the main points.



I, however, will never stop asking for a new Sega console. Would I call it a Dreamcast 2? FUCK NO!

The world needs more bombed Sonic games!!

can't even watch that DC2 video, we all know it ain't in the cards

that said? Yakuza 0 getting a physical release puts them back on my good side

Ignore all financial troubles and release the Dreamcast 2! //sarcasm//