http://www.forbes.com/infoimaging/feeds/ap/2005/08/03/ap2169359.html
Sega Sammy Posts Profit on Software Sales 1 hour, 7 minutes ago
TOKYO - Japanese entertainment company Sega Sammy Holdings Inc. reported on Wednesday a group net income of 10.7 billion yen, or $95.5 million, in the April-June quarter, boosted by rising sales of computer game software and "pachinko" pinball machines.
ADVERTISEMENT
Tokyo-based Sega Sammy did not give comparative figures from the previous year because the company was formed last October through the merger of two separate entertainment firms, Sega and Sammy. But the company had projected net income of 10.7 billion yen for the period.
Sales totaled 110.5 billion yen ($986.6 million) in the fiscal first quarter, also in line with the company's previous forecast.
Results were helped by the sale of 153,000 pachinko machines and 1.86 million copies of game software in the period, particularly copies of the game "The Kind of Beetle Mushiking: Road to the Greatest Champion," which was launched last month, the company said.
Shares of Sega Sammy, which have risen about 27 percent this year, climbed 1.1 percent to 7,120 yen. The company released earnings after the Tokyo Stock Exchange closed Wednesday.
Sega Sammy Posts Profit on Software Sales 1 hour, 7 minutes ago
TOKYO - Japanese entertainment company Sega Sammy Holdings Inc. reported on Wednesday a group net income of 10.7 billion yen, or $95.5 million, in the April-June quarter, boosted by rising sales of computer game software and "pachinko" pinball machines.
ADVERTISEMENT
Tokyo-based Sega Sammy did not give comparative figures from the previous year because the company was formed last October through the merger of two separate entertainment firms, Sega and Sammy. But the company had projected net income of 10.7 billion yen for the period.
Sales totaled 110.5 billion yen ($986.6 million) in the fiscal first quarter, also in line with the company's previous forecast.
Results were helped by the sale of 153,000 pachinko machines and 1.86 million copies of game software in the period, particularly copies of the game "The Kind of Beetle Mushiking: Road to the Greatest Champion," which was launched last month, the company said.
Shares of Sega Sammy, which have risen about 27 percent this year, climbed 1.1 percent to 7,120 yen. The company released earnings after the Tokyo Stock Exchange closed Wednesday.
Last edited by a moderator:
