Japanese games giant Sega has reported a 13 per cent decline in sales for the first quarter of its fiscal year. 

The company's Consumer vertical within its Entertainment Contents arm brought in ¥44.6 billion ($301 million) for the quarter, down 13 per cent on last year's ¥51.3 billion ($347 million). Operating income for games dropped 66 per cent from ¥8.9 billion ($60.2 million) to ¥5.2 billion ($35 million). 

Sega says that sales of new games "remained steady" – dipping 33 per cent from ¥3.9 billion ($26 million) to ¥2.6 billion ($17.6 million) while it was catalogue sales that were below expectations, falling 21.4 per cent from ¥11.2 billion ($75.8 million) to ¥8.8 billion ($59 million). 

For the full financial year, Sega appears to be bullish, saying that it expects Sonic Racing: Crossworlds and the upcoming Football Manager title to do numbers. 

Overall, Sega Sammy reported a 22.7 per cent dip in net sales, bringing in ¥81 billion ($548 million) for the period.