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Sega Sammy's recovery continues: Despite the generally bad economy, the company is turning around -- just not at Sonic speed. For the first half of the company's fiscal year, ending September 30, 2010, sales in the Home Video Game Software division (the "Sega" you know) were up 19 percent over the...

October 29th 2010 at 2:20pm 0 Comments
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Despite recent troubles in the North American and European branches, Sega overall had a good fiscal 2010, which ended March 31, financially speaking. The company as a whole saw its operating income rise to ¥36.7 billion ($397 million), a huge increase over fiscal 2009's operating income of 8.3 b...

May 14th 2010 at 5:28pm 0 Comments
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After surviving harrowing losses of ¥22.8 billion (nearly $254.8 million) during its fiscal year 2009, Sega Sammy Holdings (parent company to Sega, which you've probably sussed out) has managed to revive its faltering bottom line. According to the company's latest financial report, Sega Sammy b...

February 5th 2010 at 10:40am 0 Comments
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Sega Sammy Holdings, Inc. has released its Q1 2010 financial earnings report, which covers the period from April 1, 2009 through June 30, 2009. The document shows that the company saw a ¥14.139 billion ($150 million) decline in sales over Q1 2009. Specifically, Sega reported first-quarter sales...

July 31st 2009 at 6:00pm 0 Comments
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According to Edge, the house that Sonic built is inching toward the black. Sega Sammy has reported a net loss of around $240 million for its fiscal year ending March 31, down $310 million from last year's losses of $550 million. The company's sales declined 6.5% to roughly $4.5 billion, while the g...

May 14th 2009 at 6:30pm 0 Comments
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Japanese publisher (and House of Sonic) Sega Sammy posted a ¥10.5 billion (approx. US $96 million) net loss for the first quarter of Fiscal 2009 – that's double the losses from a year earlier -- and sales of ¥74.6b, a 22% decline. Despite all this, the publisher managed to beat expect...

August 6th 2008 at 7:00pm 0 Comments
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Hard times have fallen on publisher Sega Sammy, who has announced the closing of a subsidiary office based in Korea, as part of a "global business optimization" in the wake of massive financial losses.The "global business optimization" will also affect Sega Sammy in Japan, where plans for a $330m a...

March 31st 2008 at 3:00pm 0 Comments
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Apparently, one merger per decade is enough for Sega. Despite falling on some tough financial times recently, Sega has declared that it is decidedly not interested in getting bailed out by some generous big-time buyout (not that anyone else was necessarily interested, mind you).In an interview with...

March 6th 2008 at 3:00pm 0 Comments
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Life comes at you fast if you're Sega Sammy. Just a couple of years after increased profits had the company rolling in money, the company today announced that it plans to lose a whopping 26 billion yen (approx. $230 million) this fiscal year. Compared to the previous projection of a billion yen prof...

February 8th 2008 at 10:40am 0 Comments