Monday, October 20, 2003

Sega's profits rise
Posted by White_Pointer @ 17:05:08 AEST
In a very unexpected announcement, Sega have recently reported that their profits have actually risen for the first half of the Japanese financial year (Japan's financial year starts April 1st). According to early results (definite numbers won't be available until next month) the company has seen an increase of more than 7 percent in revenue, and about 375 percent in profit over what they were expecting, jumping from 1.2 billion yen to 5.7 billion yen.

Sega attributes this success to it's recent arcade games The Key of Avalon, Dragon Treasure, Star Horse 2002, and the most recent version of UFO Catcher. It's also attributed a good portion to the Japanese domestic sales success of it's recent console games D Special Stage and Build a J. League Pro Soccer Club! 3, and the international sales success of Sonic Adventure DX and Virtua Fighter 4: Evolution.