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Old 03-01-2014, 03:22 PM   #8158
Emperor Smeat
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Weekend News Edition:

Sega states this year's overall fiscal report is expected to reveal bigger losses than originally predicted. They are currently expecting a net loss of around $166 million and a 36% drop in overall revenue. Other fiscal areas are also expected to see huge drops.

Quote:
Sega has slashed its fiscal year profit forecast by more than a third, mainly due to the performance of its Pachinko and Amusement Machine businesses.

For the fiscal year ending March 31, 2014, Sega has cut its revenue forecast by 23 per cent, from ¥485 billion to ¥377 billion ($3.7 billion). Net income will be even more seriously affected, dropping 36 per cent from ¥47 billion to ¥30 billion ($294 million).

However, Sega's operating income will suffer the greatest loss of all: a 49 per cent drop from ¥73 billion to ¥37 billion ($364 million).
http://www.screwattack.com/news/sega...ncome-decrease
http://www.gamesindustry.biz/article...by-36-per-cent
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