03/10/2024
Game sales 'slightly below expectations' at Sega despite some 'favorable' performances
Sega's Entertainment Contents division, which houses its video game operations, "exceeded expectations" during the first quarter of the fiscal year due to strong full game and DLC sales.
As noted on the company's fiscal report for the quarter ended June 30, 2024, net sales across the segment increased by 34 percent to 72.5 billion yen ($496.6 million). Operating income rose to 11.8 billion yen ($80.8 million), an upswing on the 4.3 billion yen reported this time last year.
Full game unit sales for the quarter totaled 5.8 million units, comprising 710,000 sales from new releases and 5.14 million sales from catalog titles. That's an increase on the 4.87 million units sold in Q1 last year, but Sega explained full game sales remained "slightly below expectations."