Fri, Apr 16, 2010 | 19:40 BST

SEGA revises earnings forecast, expects profit in Q4

sega

SEGA has revised its earnings forecast for Q4 2010, as it now expects a profit for the December 2009 -March 2010 period.

The company estimates net sales of ¥380 billion ($4.08 billion), which is a 9.5 percent decline from its previous forecast of ¥420 billion ($4.51 billion).

However, it expects total profits of ¥18 billion ($193 million) for the quarter, which is ¥3 billion more than the ¥15 billion ($161 million) it previously predicted.

The new forecast has been attributed to “improved profit margins in the pachislot and pachinko machine business and amusement machine business.”

Good to hear.

Thanks: Joystiq, Gamespot.

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2 comments

Bulk Slash
16/04/10, 8:52 pm

So Sega can credit making a profit on Pachinko? How the mighty have fallen, hit the ground, gone through the ground and kept on going until they came out the ground on the other side of the planet.

I’d have hoped Bayonetta, AvP and maybe Sonic 4 and Alpha Protocol might have made them a profit from games this year. If Sega really want to make some money it’s time for Shenmue III and Panzer Dragoon Saga 2.

DaMan
16/04/10, 9:22 pm

are you being serious? both Shenmue 1 & 2 underperformed. and Panzer Dragoon would probably flop today as well, judging by Drakengards’ sales.