Sega Sammy expects annual net sales to reach US$2.7bn

Sega Sammy Holdings has announced it expects revenue to rise 13.4 per cent for its 2020-21 financial year.

Japan.- The Japanese gaming giant, Sega Sammy has forecast its results for the year ending March 31, 2022, predicting net sales of JPY315bn (US$2.7bn). That’s an increase of 3.3 per cent from the previous forecast of JPY305bn.

Predicted operating income has also been revised upwards, from JPY23bn to JPY31bn. Profit attributable to owners of the parent company is forecast to come in at 76.7 per cent above the previous forecast, at JPY26.5bn.

Sega Sammy said it had raised its sales forecast for its pachinko and pachinko business to 73,000 units from an earlier forecast of 67,000 units due to improved parts procurement and other factors. It also noted that fixed costs remain low.

It noted that net sales and ordinary revenue for its entertainment content business will be higher than previously forecast due to the strong performance of its new full game in the consumer market.

For the nine-month period ended December 31, 2021, the company reported sales of JPY236.75bn (US$2.04bn). Meanwhile, sales revenue of pachinko and pachinko machines were JPY52.06bn, a year-on-year increase of 38.4 per cent.