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SEGA's full-year profit estimate reduced by 90 per cent
SEGA has announced that it’s cutting revenue and profit forecast for the fiscal year ending in March 2016. Revenue forecast has been dropped by ¥65 billion to ¥355 billion, resulting in a 15 percent reduction. Operating income will also be reduced from ¥25 billion to ¥10 billion. Net profit is declining by nearly 90 percent from ¥19 billion to just...
Brian