Sega reports 17.3% rise in Q3 net sales; games segment exceeds expectations
Sega Sammy reported a 17.3% increase in net sales for its first quarter, with the Entertainment Contents segment, including games, exceeding expectations at ¥68.4 billion. While free-to-play games slightly underperformed, the company plans to strengthen existing titles and anticipates strong performance from upcoming full-game releases like Stranger Than Heaven and Persona 4 Revival. Sega also addressed a $200 million impairment loss on Rovio, citing market changes and integration challenges.
- Entities
- Person: Haruki Satomi
- Topic: Business
- Game: Stranger Than Heaven
- Game: Persona 4 Revival
- Company: Sega Sammy
- Company: Rovio
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