Sega has launched its Q1 monetary report for the three months ending thirtieth June 2024, and whereas web gross sales are down 3.2% year-on-year, the corporate’s leisure division (which incorporates video video games) is up 34% (through GamesIndustry.biz).
A big a part of this enhance has been attributed to the developer’s acquisition of Rovio, the maker of the massively fashionable Offended Birds franchise. Sega acquired the corporate again in August 2023, and it appears to have given it a little bit of a lift this quarter, the place it made 8.7 billion yen.
Abnormal earnings is up 181%, with Shin Megami Tensei V: Vengeance being one of many firm’s key sellers for the interval. The improved launch of Shin Megami Tensei V offered 500,000 copies in simply three days, which is fairly spectacular. The Sonic the Hedgehog films additionally proceed to carry out nicely, and with the third movie out in December 2024, Sega expects its income to remain sturdy.
Persona 5 Royal additionally helped enhance Persona sequence gross sales by an additional 790k models. Which means the sequence has offered round 9 million copies since April 2022. Different “repeat titles” (primarily, video games launched earlier than the present interval) talked about by Sega embody Vanillaware’s good tactical RPG Unicorn Overlord, the most recent Yakuza/Like A Dragon title Like A Dragon: Infinite Wealth, and the Persona 3 remake Persona 3 Reload, that are persevering with to promote nicely for the corporate.
Regardless that general income are down — which the corporate places right down to the profitable launch of its Good Pachislot Hokuto No Ken in the identical interval final 12 months — issues are wanting good for Sega. We have talked about Sonic the Hedgehog 3, however the firm additionally has Sonic X Shadow Generations on the horizon. Plus, for non-Change homeowners, there’s Atlus’ new IP Metaphor: ReFantazio and the cellular social gathering recreation Sonic Rumble.
Tell us what you consider Sega’s financials within the feedback.
[source segasammy.co.jp, via gamesindustry.biz]
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Alana has been with Nintendo Life since 2022, and whereas RPGs are her old flame, Nintendo is an in depth second. She enjoys nothing greater than overthinking battle methods, characters, and tales. She additionally needs she was a Sega air pirate.
