SEGA revises earnings forecast, expects profit in Q4

By Stephany Nunneley
16 April 2010 19:40 GMT


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.

Sometimes we include links to online retail stores. If you click on one and make a purchase we may receive a small commission. For more information, go here.

VG247 logo

Buy our t-shirts, yeah

They're far more stylish than your average video game website tat.

VG247 merch