Sega has released its financial report for the nine-month period ending Dec. 31, 2016, and it was a profitable period for the Japanese company.
Sega sold 8.13 million games in that period, up from last year's 6.12 million, thanks to Football Manager 2017, Yakuza 6, and continued revenue from Phantasy Star Online 2. In its report, Sega said that consumers are expecting higher-quality mobile games, and as such the development time and cost is expected to increase.
Net revenue in Sega's Entertainment Contents Business, which includes game software as well as arcade games and films, is at 155.4 billion Yen (about $1.4 billion) – a jump of about 14 percent. The division's operating income is at $15.4 billion Yen (about $137 million), which Sega says is an increase of 449 percent over the same period last year.
[Source: Sega]
Our Take
There weren't any major revelations here, but it's nice to see that Sega appears to be doing well. The past few years have been tumultuous in the gaming industry, and I'll take anything approaching normalcy and stability as a good sign.