Sega financials: net sales up 17.6% at $3.71 billion, digital boost signals physical decline

Friday, 9 May 2014 11:04 GMT By Dave Cook

Sega has posted its financial report for the fiscal year ended March 31, 2014. The Japanese firm has surpassed its own financial projections which were lowered earlier this year, marking a strong year for the company.

As confirmed by Sega this morning, its net sales for the year came in at ¥378 billion / $3.71 billion, which came in just over its projected ¥377 billion figure. That projection was actually lowered down from ¥485 billion / $476 million back in February.

The firm’s operating income jumped 102% to ¥38.53 billion / $378 million, while Sega Sammy posted an 8.2% decrease in net income at 30.72 billion / $302 million.

Sega’s consumer business saw a net sales increase of 18.6% year-on-year, resulting in ¥100 billion / $982 million. while the division’s operating income rose to ¥2.09 billion yen / $20 million, from a loss of ¥732 billion yen / $7.2 billion last year.

In software, Sega’s total sales dropped in total, but the firm’s biggest-hitter was Total War: Rome 2, with 1.13 million units shifted, followed by Football Manager 2014 with 790,000 copies moved. They’re followed by Sonic Lost World at 710,000 copies, Company of Heroes 2 at 680,000 copies and Ryu ga gotoku Ishin! at 390,000 units sold.

Sega stated that packaged goods are slowing, while digital continues to rise, flagging the success of its titles Phantasy Star Online 2, Puyopuyo!! Quest and Chain Chronicle.

Via Polygon.