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General

SEGA SALES FALL IN 1ST-HALF

Friday 21 November 1997 | 00:00 CET | News
Sega (Japan), video games manufacturer, had Y126.8 bil parent sales in its 1st-half to September 1997, down 27% from Y174.9 bil in the year-earlier period. Recurring profit was Y12.1 bil, down 5%, partly due to foreign exchange losses. Net profit was Y5 bil, down 16.5% from Y6 bil, mainly due to a loss on a securities valuation. Operating profit was Y12.9 bil, up 7%, helped by a sharp fall in selling costs. Global shipments of Sega's 32-bit Saturn machine were 600k units in the 1st-half, down from 2.35 mil units in the year-earlier period. Japanese shipments of the Saturn were 400k units,

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Categories: General
Countries: Japan
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