Across Sega Sammy Holdings as a whole - which includes Sammy's pachinko/pachislot machines, along with Sega's arcade machines and home video games - a downturn in revenue has led to the company revising its forecast for the financial year, with Sega now bracing for a USD$235,424,993 loss come March.
Ouch, that's gotta be painful. Kotaku have reported that the Japanese company are set to close 110 arcade centres, cut 500+ jobs and finally reduce research and development by around ~20%.
All said and done SEGA aren't out of the woods and really need to focus on the profitable side of their business, we just hope that includes developing on Wii - perhaps the cheapest platform to develop for.
SEGA's 2009 E3 line up should reveal all.
[source kotaku.com]
Comments 9
I can't say for sure but I believe Sega's Western publishing arm is a little more profitable. so hopefully things will turn out ok on a worldwide scale. It's a shame that the company is feeling the pinch, but then EVERYONE seems to be posting a loss these days.
The first 4 games that come to mind when I think of SEGA at the moment are: The Conduit, House of The Dead: Overkill, Bayonetta and Madworld.
Of those 4 games, 3 are Wii Exclusive, 2 are being made by Western Developers and the two Japanese games are being made by the same developer, Platinium Games. Let's just hope that Sega's upcoming releases make a good dent in the sales charts, eh?
Yeah, if anything this might be positive for the Wii.
Nice link, Coire
Here's hoping Sega's Wii games will sell - and don't forget Sonic and the Black Knight!
I believe that Sega worked on the F-Zero for Gamecube. If so, they should work on one for the Wii, that would surely be a big seller.
Nintendo got Sega to make F-Zero, that is true, but I would imagine it would be Nintendo's call to employ them again in the future, rather than Sega's.
In fact, I bet Sega would make a new F-Zero tomorrow if they were allowed to!
I don't care who makes it, I just want another F-Zero.
How about F-Zero GX as part of the New Play Control series?
That would work too.
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