Sega Sammy reports 91% first-half profit drop to JPY2.75bn
Sega Sammy reported net profit of JPY2.75 billion for the six months to September, down 91% year on year. The company attributed the decline to weaker game sales, underperformance at Rovio, pachislot approval delays and costs from consolidating Stakelogic and GAN, while keeping its full-year forecast unchanged.
The results and unchanged forecast provide investors with updated financial performance and outlook, including the impact of gaming acquisitions.