Sega Sammy predicts wider losses

MCV Staff 5th October 2007 Business News

The parent company of former hardware giant Sega, Sega Sammy Holdings, has said that it expects to post wider first half financial losses that it had previously forecast.

Next-Gen reports that for the half year ending last month Sega Sammy predicts a net loss of YEN 21.5 billion, far higher than its former YEN 5 million prediction. It also now expects revenues to hit YEN 230 billion, down from the former prediction of YEN 310 billion.

The main reason cited for the numbers is ‘slower than expected’ sales of pachinko machines in Japan.

Tags

About MCV Staff

Check Also

ENC x adidas [Industry news] Esports Foundation and adidas Announce Landmark Partnership to Outfit Every Team at the Inaugural Esports Nations Cup

[Industry news] Esports Foundation and adidas Announce Landmark Partnership to Outfit Every Team at the Inaugural Esports Nations Cup

The Esports Foundation (EF) and adidas made sports history today, announcing a landmark partnership that will see the sportswear company outfit every national team at the inaugural Esports Nations Cup (ENC), the first nation-based esports event of its scale, set to debut November 2, 2026 in Riyadh, Saudi Arabia. The partnership directly supports the ongoing convergence of esports, culture, entertainment and sports, creating a defining moment for the esports industry and the global sport landscape. 

© Copyright 2026, MCV. BizMedia