Sega profit dropped 34%

Sega, the maker of Sonic and Daytona USA, reported 34% drop in profit for the 06-07 fiscal year. Profit fell to 43.5 billion yen (US$363 million), down from 66.2 billion yen the previous year.

Sega merged with pachinko maker Sammy in October 2004. The pachinko machine sales nose-dived 20 percent in the past fiscal year, and times will continue to be tough in that business in coming months. Guess not everyone is into Evangelion pachinko machines. Maybe they all went home to play Evangelion pachinko instead.

Sega Sammy projected a deteriorating 35 billion yen (US$292 million) profit for the fiscal year through March 2008.

Source: Mainichi Newspaper