Sega Sammy April-September income down year on year

Gaming firm Sega Sammy Holdings Inc. saw an income of JPY9.1 billion ($80.4 million) for the half ending September, a 63.9% drop from last year’s corresponding period.

In its latest financial report, the company said it forecast an income of JPY16 billion ($141.4 million) for the year ending March 2019, to be brought on by performance of their Pachislot and Pachinko machines, as well as from operations in Paradise City in South Korea, co-owned with Paradise Co.

Revenue from April to September of this year was JPY171 billion ($1.51 billion), down 12.2% from the same period of the previous year. “Sales and profits decreased from the same period in last fiscal year,” the report read, while also pointing out, “[b]oth Pachislot and Pachinko machines business and entertainment contents business performed strongly versus plan.”

The company projects full-year revenue of JPY390 billion ($3.45 billion), which would be 20.5% higher than the year ending March 2018.