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Sega revenues fall despite continued success of Hortensia Saga and Puyopuyo!! Quest

Sega revenues fall despite continued success of Hortensia Saga and Puyopuyo!! Quest

Sega Sammy has released its financials for its Q3 FY18 for the nine months ending December 31st 2017.

The company posted revenues of $2.39 billion for the period, down 8.7% year-on-year. Profits also fell dramatically by 62.3% year-on-year to $126.1 million.

Its Entertainment Contents segment, which includes its mobile games, saw revenues of $1.45 billion for the period, up 1.6% year-on-year. Operating income for the segment came to $158.4 million, up 12.3% year-on-year.

Same old story

As for its mobile games, Sega told a similar story to previous financial releases. Puyopuyo!! Quest and Hortensia Saga were its top performers, while new game Magi Record: Puella Magi Madoka Magica Side Story saw "robust" sales.

Looking ahead, the company is planning on launching new games to boost its revenues. It claims to have made "a good start" with the launch of Dx2 Shin Megami Tensei Liberation in January 2018.

Sega recently attempted to leverage its major games IP for a new social casino game called Sega Slots. The game went unmentioned in its latest financials.


Editor

Ric is the Editor of PocketGamer.biz, having started out as a Staff Writer on the site back in 2015. He received an honourable mention in both the MCV and Develop 30 Under 30 lists in 2016 and refuses to let anyone forget about it.

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