SEGA Reports Significant Decrease in Net Sales During First Quarter of FY2016

SEGA‘s recent financial performance has been far from positive. The company has reported a 41.2 percent decrease in net sales in the first quarter of the current fiscal year as sales earnings dropped to ¥52.9 billion ($426 million). SEGA also reported an operating loss of ¥9.5 billion ($76 million), and a net loss of ¥7.9 billion ($63.8 million).

The company blames global economies for its negative performance alongside other contributory factors such as a decrease in demand for video...

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