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Sega's Transition Almost Complete

Fourteen months after announcing the discontinuation of the Dreamcast production and becoming a 3rd party publisher, Sega has released its financial figures for the fiscal year 2001/2002. The company posted an operating profit of 11 billion yen ($86.4 million USD), inline with expectations. Sales in both Japan and overseas (North America and Europe) decreased by 4.5% and 38.5% respectively, which was attributed to the end of the Dreamcast production. Nonetheless, the company was able to post an operating income of 14.201 billion yen ($111.5 million USD) compared to an operating loss of 32.018 billion yen ($408.4 million USD) during the fiscal year 2000/2001.

Sega attributed the positive results to strong sales of key titles. Fourteen PlayStation 2 titles sold 3.5 million, eight GameCube titles 1.2 million, 13 GameBoy Advance titles 1.7 million and seven Xbox titles 660,000 units.

As for the (current) fiscal year 2002/2003, Sega is optimistic about successfully establishing itself as one of the world's leading 3rd party publishers by selling a total of 20 million units of software worldwide.


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Updated:
05.18.02 - 8:51 AM
Professor Gast





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