Today Sega released its financial results for the first quarter of the fiscal year that will end on March 31, 2023.

Looking at the whole company sales were 66,118 million yen (up 11.2% year-on-year) while op oerating income was 2,777 million yen (down 27.8% year-on-year).

Ordinary income was 4,255 million yen (up 22.1% year-on-year).

sega announces financial results in line with expectations; waits for bigger game releases from q2

The Entertainment Contents business, which includes games, recorded 52,778 million yen in sales (up 11.3% year-on-year) and ordinary income was 8,142 million yen (down 4.6% year-on-year).

Overall results for the quarter were “generally in line with expectations.” Repeat sales for older titles were slightly below expectations, but free-to-play games performed strongly.

That being said, Sega’s forecast for the full fiscal year are above the previous fiscal year on all metrics, as they’re going to release a bunch of potentially strong title starting from Q2 onward, including Soul Hackers 2, Sonic Frontiers, the Persona remasters/ports, and more.

sega announces financial results in line with expectations; waits for bigger game releases from q2

We also hear that Hatsune Miku: Colorful Stage! performed strongly in the free-to-play portion of the business, and the publisher plans to release another free-to-play game before the end if the fiscal year in March 2023.

sega announces financial results in line with expectations; waits for bigger game releases from q2

Below you can see the sales trend of full games and free-to-play games compared to previous quarters.

Incidentally, the three full games released in the quarter examined are 13 Sentinels: Aegis Rim for Switch, Hatsune Miku: Project DIVA Mega Mix+ for PC, and Sonic Origins.

sega announces financial results in line with expectations; waits for bigger game releases from q2
sega announces financial results in line with expectations; waits for bigger game releases from q2

The last interesting piece of data is that unit sales in the past quarter were 1.46 million for the Sonic franchise, 420,000 for the Total War franchise, 270,000 for the Persona franchise, and 470,000 for the Yakuza franchise (including the Judgment series).

sega announces financial results in line with expectations; waits for bigger game releases from q2

If you’d like to compare with historical data, you can check out the results from the previous quarter, released in April.

TECH NEWS RELATED

Call of Duty: Modern Warfare 2 multiplayer reveal September 15, beta begins September 16

Image via @CallofDuty The next generation of Call of Duty is almost in players’ hands. The official Call of Duty website announced today that the Call of Duty Next event explaining details about Call of Duty: Modern Warfare 2 will air, featuring a full reveal of the multiplayer, Warzone ...

View more: Call of Duty: Modern Warfare 2 multiplayer reveal September 15, beta begins September 16

Call of Duty: Warzone 2 reveal set for September

As well as Call of Duty: Modern Warfare II's multiplayer, Call of Duty: Warzone for mobile and a couple of surprises.

View more: Call of Duty: Warzone 2 reveal set for September

Warzone 2 and Modern Warfare 2 multiplayer to headline big Call of Duty September event

Call of Duty Next is a new event unveiling the "imminent future" of the franchise

View more: Warzone 2 and Modern Warfare 2 multiplayer to headline big Call of Duty September event

New Fatal Fury Game Announced; The King of Fighters XV Reveals Team Samurai & More

Today during the grand finals of the King of Fighters XV tournament at EVO 2022, SNK announced the fourth team coming within Team Pass 2 and much more. The new team was announced by chief producer Yasuyuki Oda and it’s Team Samurai, bringing forth three characters from Samurai Shodown. The ...

View more: New Fatal Fury Game Announced; The King of Fighters XV Reveals Team Samurai & More

Full Modern Warfare 2 Multiplayer Reveal Coming Next Month

On Sept. 15, a “franchise showcase” livestream will be held called Call of Duty: Next. This promises to be a big event with plenty of new info shared regarding upcoming Call of Duty properties. You can expect the following from Call of Duty: Next, as given in a tweet: ...

View more: Full Modern Warfare 2 Multiplayer Reveal Coming Next Month

EVO 2022: SNK Announces Development of New Fatal Fury Game

The title will be the franchise's first new entry since 1999.

View more: EVO 2022: SNK Announces Development of New Fatal Fury Game

When is Call of Duty: Modern Warfare II's open beta?

We have the answer to that and the first look at the new Formula 1 map right here.

View more: When is Call of Duty: Modern Warfare II's open beta?

Modern Warfare 2 Multiplayer Reveal Happening at Call of Duty: Next

The showcase event for the military shooter is scheduled to take place on Sept. 15.

View more: Modern Warfare 2 Multiplayer Reveal Happening at Call of Duty: Next

Go listen to the first-ever gaming concert at the BBC Proms, a landmark event

How to Undervolt Your CPU With Throttlestop in Windows

Dragon Ball FighterZ Getting PS5, Xbox Series X|S Versions, & Rollback Netcode

How to Access Your Linux (WSL) Files in Windows 10

Modern Warfare 2 beta dates confirmed

Samsung Galaxy Z Fold4 and Z Flip4 spotted in live images

How to Manage Google Meet Invites From Google Calendar

Samsung’s Galaxy Z Fold 4 Won’t Have an S Pen Slot

House of the Dragon: Matt Smith Thinks There Are Too Many Sex Scenes

Core i9-13900K breaks 40K points in Cinebench R23 with unlimited power and 5.8 GHz clock

Cyberpunk 2077 mod adds teleporting, bullet deflects to time dilation

First MultiVersus tournament ends in $10k upset as underdogs break Bugs/Velma meta

OTHER TECH NEWS

Top Car News Car News