Sega Sammy has published its financial results during the nine months ending December 31, 2024, during which he announced the cancellation of the 2025 soccer player.
The interactive sports title was delayed last October, and Sega reached the decision due to the difficulties of “guaranteeing significant quality of products expected for the launch of March”.
In general, Sega experienced a decrease in net sales and profits. However, he saw an 88% increase in profits for his entertainment content division that he attributed partly to the success of Sonic The Hedgehog 3.
This is what you need to know:
The numbers:
For the nine months ended December 31, 2024
- Net sales: ¥ 322.3 billion ($ 2.1 billion, 8.1% less year -on -year)
- Operational income: ¥ 43.7 billion ($ 287.9 million, 20.8% per year)
- Ordinary income: ¥ 49.4 billion ($ 325.4 million, 13.9% less year -on -year)
The outstanding aspects:
Sammy Sega attributed part of its decrease in net sales and operational income for the sale of developer amplitude studies abroad in November 2024. The company registered a loss of approximately ¥ 6.1 billion ($ 40 million) after a Management purchase.
However, Sega saw a strong yield in its entertainment content segment, which includes games, with net sales of 8.2% to ¥ 238.6 billion ($ 1.5 billion) and earnings increase from 88% to ¥ 37.5 billion ( $ 246.9 million).
There were two main releases during this period: Metaphor: Refantazio on October 11, 2024, and Sonic X Shadow Generations on October 22.
Metaphor: Refantazio is currently “exceeding expectations”, while Sonic X Shadow Generations has “constantly increased its sales” and has exceeded two million units in global cumulative sales.
During the third quarter, Sega announced the cancellation of the 2025 football manager, which was scheduled to launch in March. As a result, it registered a “loss associated with a reduction of inventory assets.”
The decision to cancel the title was taken “because, despite pointing to the development of significant advances in the standard series” it was determined that it would be difficult to guarantee a significant quality of product quality for the launch of March. “
The development assets of Football Manager 2025 will be used in its sequel.
The interactive sports title was delayed last October to give the team “more time to offer the best possible experience for this first installment in a new era of the football manager.”
On the other hand, Sega saw a particular success in its animation division after the launch of Sonic The Hedgehog 3 on December 20, 2024.
Since then, the film has raised $ 460 million worldwide, which makes it the second most rewards video game film of all time.
Sega described the Sonic Media franchise as a key part of its transmedia strategy. We discuss the future of this effort with its Chief of Transmedia Global Justin Scarpone last year.
As a result of these factors, Sega has reviewed its prognosis for its entertainment content segment. Net sales for fiscal year were expected to be ¥ 335 billion ($ 2.2 billion), and now they are ¥ 320 billion ($ 2.1 billion).
In the entertainment content consumption division, net sales reached ¥ 164.8 billion ($ 1.08 billion) and operational revenues reached ¥ 34.6 billion ($ 227 million).
Sales of new games in the nine months finished in December 2024 reached 4.7 million units, compared to 5.2 million during the same period last year. The catalog titles sold 20 million (compared to 13.8 million), while full games sales totaled 24.8 million units (compared to 19.1 million).
Looking towards the future, Sega has reviewed its perspective for fiscal year 2015. Previously, Net sales of ¥ 445 billion ($ 2.9 billion) compared to the previously anticipated ¥ 425 billion ($ 2.8 billion). As for operational income, it is forecast to be ¥ 45 billion ($ 296.5 million) and now forecasts ¥ 46 billion ($ 303.1 million).
