Sega Reveals Growth In Financial Resuly Amid Strong Sales of Shin Megami Tensei V & More
Today Sega released its financial results for the third quarter of the fiscal year, related to the period ended on December 31, 2022.
We hear that both net sales and operating profits increased significantly year on year, respectively up 12.6% and 141.5%.
The entertainment content business, which includes games, saw 6.1% growth in sales year-on-year and 11% growth in ordinary income.
The Entertainment Content Business is listed among the drivers of the positive performance and new games including Shin Megami Tensei V, Football Manager 2022, and Super Monkey Ball: Banana Mania are all said to have performed strongly.
As a result of the strong results, the company has increased its full-year forecast to 315 billion yen (from 305) in net sales and 30 billion yen (from 21.5) in ordinary income.
The Entertainment Content business’ forecast grew from 230 billion yen in sales to 232.5, and from 32.5 billion yen in ordinary income to 36.
Below you can check out all the relevant data.
If you’d like to compare, you can check out the results from the previous quarter, released in November.