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SEGA says console releases underperformed for their third quarter results

Revenue increased, profits decreased
by rawmeatcowboy
05 February 2020
GN Version 5.0

SEGA has released their Q3 2020 fiscal results, and things aren't exactly rosy on the console side of things. SEGA's major console releases during the quarter were Persona 5 Royal, Sakura Wars, and Mario & Sonic at the Tokyo 2020 Olympic Games.

While SEGA didn't share specific sales data for Mario & Sonic at the Tokyo 2020 Olympic Games, they did say that their console game sales “went below expectation,” and that console game profits decreased year-on-year due to the increased expenses associated with the launch of these new games. All in all, revenue increased 26% for the “Packaged Games” segment, but profits dropped 43% compared to the year prior.