Sega Sammy reported financial results for the fiscal year ending March 31 2013 today, noting a net profit of ¥33.5 billion, which converts to $331 million. The figure represents annual growth of 53.3 percent. However, the company's operating profit decreased year-on-year by 67.3 percent, down now to ¥19.1 billion, or $189 million.
While Sega Sammy made significant net profit, largely through gains on the sales of "investment securities" and transfers of employees' pension benefits, the company noted decreased demand for packaged games in light of global economics. Sega Sammy said it must adapt to a market leaning towards games on social networks and smartphones.
That decreased demand was coupled with a year of restructuring at Sega Sammy's US and European divisions. With less games coming out as a result, it's no surprise Sega Sammy saw decline in packaged software shipments, down to 10.8 million overall. They include 1.31 million units of the critically panned Aliens: Colonial Marines
, as well as 1.36 million for Sonic & All Stars Racing Transformed
and 940,000 for Football Manager 2013
. Meanwhile, Yakuza 5
shipped 590,000 units since its launch in Japan in December 2012.
Sega Sammy's biggest success gaming-wise looks to be Phantasy Star Online 2
. The PC and Vita MMO has a subscription base of over 2.5 million now, and the company said revenue from in-game purchasable items "exceeded forecasted levels."
Sega Sammy forecasts it will ship 11 games on PC, 7 on Wii U, 7 on PS3, 6 on 3DS, 5 on Vita, 4 on Xbox 360, and 2 on PSP in the fiscal year ending March 31 2014 - of course there'll be some crossover there. The company estimates a 41 percent growth in net profit for the next fiscal year, up to ¥47 billion, or $464 million.
Sports Interactive's Miles Jacobson tweets Football Manager 2013
has now passed the 1 million mark for sales, having done so five months earlier than FM2012