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Sammy Releases 3rd Quarter Financial Results
01.30.04 - 5:01 PM
Sammy has disclosed its financial results for the October to December 2003 period in Japan today. The parent company of Sega reached an ordinary profit of 18.3 billion yen ($172.77 million US) on sales of 67.25 billion yen ($634.91 million US). The consumer software division posted sales of 3.44 billion yen ($32.48 million US). In the meantime, the company saw the total value of its assets rise to 225.38 billion yen ($2.13 billion US), following the acquisition of a 25.4% stake in Sega from CSK and the takeover of Nissho Interlife. Both companies have since become sister companies of Japan's largest Pachislot developer. For the full fiscal year 2003/2004, Sammy projects sales of 215 billion yen ($2.03 billion US) and a net profit of 30 billion yen ($283.23 million US).
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