Sega Sammy Profits Jump 416% to ¥12.9 billion - NewsWilliam D'Angelo, posted on 01 August 2013 / 5,458 Views
Sega Sammy has released its first quarter sales for its 2014 fiscal year, which ended June 30. Revenue increased 29 percent to ¥90.7 billion, from ¥69.9 billion a year ago. Profits jumped 416 percent to ¥12.9 billion, from ¥2.5 billion.
Company of Heroes 2 managed to sell 380,000 units despite only being available for just a week. Phantasy Star Online 2 sold 500,000 units for the PlayStation Vita. This is the combined sales at retail and digital.
Sales of packaged games increased 13.4 percent to ¥7.6 billion, from ¥6.7 billion. Digital sales increased 60.8 percent to ¥8.2 billion, from ¥5.1 billion.
The total number of games sold did decrease 9.7 perfect to 1.21 million, from 1.34 million. Europe was Sega Sammy's biggest market with 570,000 games sold. There were 370,000 games sold in the US and 250,000 games sold in Japan.
Sega Sammy is expecting full year revenue to reach ¥485 billion, which would be up from ¥321.4 billion during the same period a year ago. Profits for the year are expected to hit ¥47 billion, up from ¥33.4 billion.