Tag Archives: Financials

Sales and losses down at Sega

Japanese developer and publisher Sega has announced mixed results for the quarter ending June 30th 2009, with the period bringing a decrease in the firm’s operating losses – but also an annual decline in software sales. Net sales for the period reached YEN 60.47m, a decline of 19 per cent …

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Nintendo Q1 profits tumble 61%

Nintendo has become the latest video games company to suffer significant year-on-year declines, with net profits down 60.6 per cent in Q1 2009-2010 to YEN 42 billion, compared to YEN 107 billion in the same period a year before. The firm this morning reported operating profits of YEN 40bn for …

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Sony hit by $1bn annual losses

PlayStation platform holder Sony has reported losses of $1.04bn for the year ending March 31st – a stark dip compared to the $3.7bn profit seen in the same period in 2008. It is the company’s first annual loss of 14 years, though it’s not as bad as the previously predicted …

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Record profits once again for Nintendo

In contrast to some of the severe losses suffered by the world’s biggest publishers last year, Wii and DS platform holder Nintendo has posted record numbers for its financial year ending March 31st. Full-year profits hit YEN 279.1bn ($2.8bn), an increase on the YEN 257.3bn seen in the year before. …

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Home Retail Group profits fall by 24%

Home Retail Group has seen its profits slashed by a quarter, as the recession hits its Argos and Homebase brands. Profits at the group fell to 328m for the year to February 28th. However, the group recorded a loss of 402m due to write downs of 694m and what it …

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Konami enjoys strong 2008

Net income for the nine months ending December 31st 2008 reached YEN 17,826, a 17 per cent increase on the same period the year before. Operating income for the period hit YEN 34,703m, up from the YEN 27,610m seen in the same period the year before. Net revenue climbed from …

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EA: Ricccitiello on firms Q3 results

On the back of some large losses in the publisher’s FYQ3, EA boss John Riccitiello has spoken about the mistakes his company made over the period – and outlined the changes he wants to see in the next 12 months. We are disappointed with our holiday quarter and our FY09 …

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PlayStation sales drop 32%

Sony has posted some grim numbers for its gaming division for the three months ending December 31st 2008 that show falling sales for all three of its current PlayStation consoles. Sales at its games division hit YEN 393.8bn, down 32.2 per cent on the same period in 2007. Unit sales …

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WHSmith sees like-for-like decline

UK stationer, newsagent and entertainment retailer WHSmith has said that like-for-like sales at its High Street stores fell seven per cent for the 20 weeks ending January 17th compared to the same period one year ago. Overall like-for-like sales, which include the businesses’ online arm, fell by five per cent. …

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Eidos hit by sales downturn

Publisher Eidos has lowered its full year forecasts following slow sales of its big 2008 release, Tomb Raider: Underworld. The firm now expects full year revenue to be between 160m-180m, down from the previous guidance of 180m-200m. As a result, the publisher admits that it may have to talk to …

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