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SEGA reports latest financial results, profits down; Persona Q sells 250,000 units

Posted on August 1, 2014 by (@NE_Brian) in 3DS, General Nintendo, News

SEGA reported its first quarter financial results earlier today, which unfortunately have brought about some disappointing news.

For the period ending June 30, SEGA’s profits dropped by 57.4 percent. While revenue rose slightly year-over-year to ¥88.3 billion ($858 million), net profits dipped to ¥5.5 billion. Half-year losses are estimated to come in at ¥7 billion ($68 million).

Persona Q: Shadow of the Labyrinth was the only title released this quarter. It did quite well having sold 250,000 copies in Japan. Another 1.7 million game units originated from older titles.

SEGA’s arcade business primarily drove revenue for the company. Pachinko and Pachislot drove ¥47.5 billion ($461 million) in revenue and an operating profit of ¥13 billion ($126 million).

Source

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