Sega hits $3.2 billion in revenue as profits jump 414%

Sega hits $3.2 billion in revenue as profits jump 414%

Sega Sammy has released its financials for the full year of its FY17 ending March 31st 2017.

It posted revenues of $3.23 billion for the year, up 5.4% year-on-year. Profits rose an impressive 414.2% to $243.1 million for the year.

Looking at its Entertainment Contents segment, which includes its mobile games, Sega Sammy saw revenues of $1.81 billion for the year, up 8% year-on-year. Operating income for the segment was $98.6 million, up 165.1% year-on-year.

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The company did not break out its mobile revenues specifically, but did note that Hortensia SAGA and Puyopuyo!! Quest were performing well for the division. This is mainly due to its continued live operations, with new events and updates said to have kept sales strong.

It did not reveal specific plans for future mobile business, but did state that it was planning on increasing its output of mobile games. It will also continue to focus on live events for existing titles to continually drive revenue.

Some of its future titles are already soft-launched or have been previously been announced. It has partnered with WWE on a new game called WWE Tap Stars, and currently has Demiurge-developed Crazy Taxi Gazillionaire in soft launch.


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