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Posts tagged financials

Sony forecasts fifth annual loss in six years

Sony expects to post a 50 billion yen net loss (around $490 million) in the current fiscal year, making it five annual losses across the last six years. The projection is a significant improvement from the 128.4 billion yen loss ($1.26 billion) Sony posted today for the year ending March 31, 2014, ...

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NBA 2K Online reaches 19 million registered ballers in China

While Take-Two was busy counting its fat stacks of cash following its healthy fiscal 2014 financial report, it also noted milestones in its collaborative efforts overseas. Namely, CEO Strauss Zelnick revealed during the company's call with investors today that "usage and player engagement with NBA ...

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Take-Two makes it rain $1 billion more in fiscal 2014

Take-Two reported net revenue of $2.35 billion for fiscal 2014 (the year ending March 31, 2014), a 94 percent growth from its reported revenue of $1.21 billion in 2013. It also reported a net income of $361.7 million, which compares rather favorably to the net loss of $31.2 million it suffered last...

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Report: Sony top brass to take pay cut

Sony CEO Kazuo Hirai and other company executives will decline their annual bonuses and accept up to a 50 percent pay cut following Sony's fourth annual loss within the last five years, the Wall Street Journal reports. Sony downgraded its financial forecast earlier this month, and expects to rep...

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Dragon Quest X 'under consideration' for overseas markets

Square Enix is mulling over bringing Dragon Quest X overseas, although it's unclear if that includes markets in the West. In today's financial results briefing, the company discussed the Wii, Wii U and PC MMO in a section titled "Expansion of Overseas Businesses, primarily in Asia." However, no reg...

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Joystiq Weekly: Nintendo's future, Outlast DLC review, Mother's Day and more

Welcome to Joystiq Weekly, a "too long; didn't read" of each week's biggest stories, reviews and original content. Each category's top story is introduced with a reactionary gif, because moving pictures aren't just for The Daily Prophet. Most of us have joked that Nintendo revealing a Pokemon MMO...

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Konami net income half of last year's despite 'solid' game sales

Konami has released its financial report for fiscal year 2014, which ended March 31. The company's overall net income for 2014 was 6.2 billion yen ($60.9 million), down from 13.2 billion yen in 2013. Net revenue also dipped, though not as much: 217.6 billion yen ($2.1 billion) in 2014, down from 22...

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Sonic: Lost World tails off at 710,000 units shipped

Sonic: Lost World sales dried up in 2014; as of March 31, the Wii U and 3DS game shipped 710,000 units total since its launch in October 2013. The figures come from Sega Sammy's fiscal year report, and the company doesn't note if they include download sales or not. Total War: Rome 2 was the comp...

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Capcom plans to sell 3.9 million more copies of Monster Hunter 4 Ultimate

Alongside Capcom's financial report for the 2013 fiscal year yesterday, in which it revealed an increase in net income by 15.9 percent year-over-year, it also offered some projections for the upcoming financial year (ending March 31, 2015). Given the continued success of its Monster Hunter brand, C...

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Square Enix revises forecasts, sales exceed expectations

Here's something you don't see much in the doom and gloom of financial season: Square Enix is revising its forecasts up because it's posted better sales than expected across the fiscal year. The Japanese publisher said several games recorded positive sales, such as Final Fantasy 14: A Realm Reborn,...

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