Namco Bandai, Sega Sammy, Everybody: Losing Money

8/6/08

We're starting to see a common theme as the quarterly reports all roll in. Unless you're Nintendo or Konami, you probably lost a lot of money in the last quarter. I know my 401k did. :(

Here are links to several articles reporting on profit/loss statements around the industry:

Sega Sammy Posts 10.2bn Yen Q1 Operating Loss

Sega parent Sega Sammy Holdings posted an operating loss of 10.29 billion yen and a net loss of 10.5 billion yen for the first quarter of the fiscal year ending March 31, 2009, while net sales fell 21.8 percent to 74.6 billion yen.


Namco Bandai Q1 Operating Profit Tumbles 66%
Operating income for the first quarter ended June 30, 2008, fell from 4.47 billion yen a year ago to 1.53 billion yen, Namco Bandai announced Wednesday.


Konami: Q1 Results -- MGS4 Ships 3.94M Copies
MGS4, released on June 12, drove quarterly revenues of 70.8 billion yen ($654.3 million), up 16.7 percent from Q1 2007's 60.7 billion yen, the company said Tuesday.

Investor Relations: EA Reports First Quarter Fiscal Year 2009 Results

8/6/08

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