To create your free account, please enter your email address and password below. Please ensure your email is correct as you will recieve a validation email before you can login.
To log in to your account, please enter your email address and password below:
To reset your password, please enter your email address below and we will send you a link to reset it.
Continued doubt over the Pachinko business and global economy causes SEGA to double losses in Q1...
Following a poor performance last fiscal year, SEGA-Sammy today reported a net loss of ¥10.53 billion (£49.84 million) for fiscal Q1 period ended June 30th 2008. During the three-month period SEGA-Sammy recorded net sales of ¥74.60 billion (£353.08 million) compared with ¥95.42 billion (£451.62 million) in the same period last year, leading to an operating loss of ¥10.29 billion (£48.70 million) in contrast to an operating loss of ¥2.43 billion (£11.50 million) in the same period last year.
SEGA-Sammy attributed the poor performance to continued uncertainty surrounding the Japanese economy, blaming the food and fuel crisis for causing global instability. The number of pachinko parlours and players continues to drop, which is a key element to SEGA-Sammy business strategy, as a result of the new legislation forcing models to meet new standards. The sector recorded ¥12.29 billion (£58.17 million) in net sales, resulting in an operating loss of ¥4.35 billion (£20.59 million).
In the arcades SEGA-Sammy continues to report strong demand for large-scale units and cards based systems, resulting in net sales for the section amounting to ¥14.52 billion (£68.72 million) and operating income of ¥703 million (£3.33 million).
The company's amusement centre sector continues to be sluggish, largely as a result of rising oil prices. As a result the company plans to close seven low-performing amusement centres throughout Japan, in an attempt to redcue the losses. Section net sales were Section net sales were ¥17.42 billion (£82.45 million), bringing an operating loss of bringing an operating loss of ¥1.58 billion (£7.48 million).
Equally, the home videogame section reports increased demand due to the rapid increase of PlayStation3, Xbox 360 and Wii. Strong overseas sales of Mario & sonic at the Olympic Games, Iron Man, The Incredible Hulk and Valkyria Chornicles in Japan buoyed the sector, however with many titles slated for release for the second half of the year, the segmented recorded net sales of ¥30.53 billion (£144.50 million), resulting in an operating loss of operating loss of ¥4.12 billion (£19.50 million).
SEGA-Sammy made no further changes to the company's forecasts for the next period of full fiscal year
If you wish to link to this article, here's a permalink to this page:
TVG Store - Finding you the cheapest price for:
Mario & Sonic at the Olympic Games
-
Mario & Sonic at the Olympic Games (Wii)
Best price: £12.99 from GameStation with FREE delivery
The HUT £17.73 Sold out Buy From Here zavvi £17.95 Sold out Buy From Here Games4U £17.95 Sold out Buy From Here -
Mario & Sonic at the Olympic Games (Nintendo DS)
Best price: £19.89 from SimplyGames.com with FREE delivery
ShopTo.Com £19.95 All gone ... sorry Buy From Here Coolshop £21.99 Not In Stock Buy From Here PowerPlayDirect £21.99 In stock Buy From Here
Game Information
Available On:
Wii, DS
| Release Date: | Players: |
|---|---|
| Out Now | |
| Publisher: | Genre: |
| SEGA Europe | Sports |
| Developer: | PEGi Rating: |
| SEGA |
Awards won:
Related Links
TVG is not responsible for the content on the following links:
If you have a related link for this game please click here to add your link to this page.
Stay up-to-date with all the latest information on Mario & Sonic at the Olympic Games by subscribing to this RSS Feed.
Click here to Subscribe to this RSS FeedFeatured Articles
Assassin's Creed II Review
Ezio brings redemption to Ubisoft's Assassin's Creed with a sequel that goes beyond expectations...
Just Cause 2 - Hands On Preview
Rico Rodriguez is back, causing carnage and out to track down his former mentor...
Forza 3 - Where Videogames & Reality Collide Feature
TVG finds out just how close Forza 3 is to the real McCoy at a Silverstone track day...
Modern Warfare 2 Review
TVG finds out whether Infinity Ward's latest FPS lives up to its monumental hype...
Video Games Discussions
how can anyone say this game is good you are playing it from above great in desti storm but not on g...
By aaron320v6 (last comment 8 hours ago)
GTA should have their next game take place in italy or mexico where there are drug wars and mafia.
By Anon (last comment 17 hours ago)
Really? Do they? There are literally hundreds of them already!
By freeradical (last comment 18 hours ago)
tru ...whoeva takeover this game WILL be millions richer
By Anon (last comment 19 hours ago)
OH MY F*CKING GUD!!!!!!!!!!!!!! I GOT TO GET THIS GAME!!!!
By Anon (last comment 1 day ago)
GTA IV: The Ballad of Gay Tony
What do you mean? We don't tolerate homophobic comments here Skipp - you have been warned.
By SegaBoy (last comment 1 day ago)
The Legend of Zelda (unannounced)
hmm this looks like it will b a non cell-shaded game (just stating the obvious) and think that since...
By Anon (last comment 1 day ago)
Comment
Sign Up and Post with a Profile
Join TVG for a free account, or sign in if you are already a member. You can still post anonymously.
Respect Other Members
Please respect other users, post wisely and avoid flaming... Terms & Conditions
Added:Fri 30th Jan 2009 08:42, Post No: 16
.l.lk
Added:Sun 14th Dec 2008 09:21, Post No: 15
it is the best game ever you can not stop playing it my whole family gots it
Added:Thu 07th Aug 2008 06:56, Post No: 14
the n64 (ultra 64) was made in 1997 just after the snes era which lasted quite some time till sony killed off nintendo (if only sony knew nintendo would bounce back as well as they have maybe they might have made a console that doesnt cost so much to make as they did)
Added:Tue 26th Feb 2008 22:21, Post No: 13
if u want ALL the marioa nd zelda games ure gonna have 2 get acient consoles like N64 made in 1991(i think lol)I like mario and zelda 2
Added:Thu 22nd Nov 2007 02:16, Post No: 12
Surely this is THEE best new game to hit us since Super Mario Allstars on SNES??? Only had this game since tuesday, but already completely and utterly addicted. I just can't get enough. Amazing graphics, amazing variety of games to compete in, a very wide and varied choice of characters (and best of all, you can even take your own Mii character to the olympics!!!!), amazing sound effects, and most of all, immense amounts of fun. Think about all the chocolate you could give the worlds hugest chocolate lover, or all the shoes and handbags you could give to your mother, imagine all the sports memorbillia and alcohol beverages your dad could ever wish for, or just imagine all your birthdays and christmas's just came at once! That's seriously how much fun and enjoyment i'm getting from Mario & Sonic at the Olympics. My favourite games so far are deffinately Long Jump, and 100m Swimming.. However all of the mini games have become highly addictive and entertaining wether playing by myself, with friends, or even with the family! Suitable for all players at all levels, i'd say this game is without doubt a MUST buy... and if you're too skint to buy it now, deffinately add it to your Christmas Wish List!!! Mario or Sonic?? Whichever team you're on, you're gauranteed to have hours and hours of fun, entertainment, laughter and giggles, and a lot of competing!!! If the game entered the olympics, without a doubt it'd be miles ahead of everyone else and straight in with the GOLD!!!
Added:Thu 22nd Nov 2007 02:15, Post No: 11
Surely this is THEE best new game to hit us since Super Mario Allstars on SNES??? Only had this game since tuesday, but already completely and utterly addicted. I just can't get enough. Amazing graphics, amazing variety of games to compete in, a very wide and varied choice of characters (and best of all, you can even take your own Mii character to the olympics!!!!), amazing sound effects, and most of all, immense amounts of fun. Think about all the chocolate you could give the worlds hugest chocolate lover, or all the shoes and handbags you could give to your mother, imagine all the sports memorbillia and alcohol beverages your dad could ever wish for, or just imagine all your birthdays and christmas's just came at once! That's seriously how much fun and enjoyment i'm getting from Mario & Sonic at the Olympics. My favourite games so far are deffinately Long Jump, and 100m Swimming.. However all of the mini games have become highly addictive and entertaining wether playing by myself, with friends, or even with the family! Suitable for all players at all levels, i'd say this game is without doubt a MUST buy... and if you're too skint to buy it now, deffinately add it to your Christmas Wish List!!! Mario or Sonic?? Whichever team you're on, you're gauranteed to have hours and hours of fun, entertainment, laughter and giggles, and a lot of competing!!! If the game entered the olympics, without a doubt it'd be miles ahead of everyone else and straight in with the GOLD!!!
Added:Tue 02nd Oct 2007 13:35, Post No: 10
i am the most sonic gamer ever since i was born on the month & year as sonic & i've got every sonic game ever made even one from japan only & im going to get Mario & sonic at the olympic games
Added:Sat 22nd Sep 2007 10:02, Post No: 9
Should be a good game as its taken them long enough
Added:Sun 22nd Jul 2007 13:01, Post No: 8
yes i think it'll be absolutly brilliant, they are starting to show pics and videos. I cannot wait for it to come out!!!
Added:Sat 07th Jul 2007 17:21, Post No: 7
i mario fan and do youthink this game will be good