2 posts tagged fiscal year
Needless to say, Activision is very pleased that Skylanders toys have sold so well, selling out at retailers and online across the entire country, sometimes within hours of launch. The company has gone on to say that well over 30 million of the toys have sold, and the game itself was the #1 kid’s game in Q1 2012.
Activision also stated that, including all accessory packs, toys, and games, that Skylanders: Spyro’s Adventure was the 3rd best selling game in dollars across all platformers in Q1 2012. Skylanders Giants, scheduled to come out later this year, is hoped to achieve similar success.
SEGA’s parent company, Sega Sammy, has stated that they face a loss of $86.4 million dollars in the fiscal year ending March 2012, and that sales were not up to par. The company states that it will be undergoing a “massive restructuring”, which inevitably means cancelled games and laid off employees.
Though the company still plans on releasing more Sonic, the upcoming Aliens: Colonial Marines, and future Total War games, there is expected to be more cuts to their portable gaming market and more to their home console software market as well. You might not be seeing SEGA willing to publish more obscure Japanese games like Resonance of Fate anymore, though SEGA has not specified exactly where and when these cuts will be made.
SEGA outlined a plan to cut forecast numbers in half for the next fiscal year and also to streamline organization through a smaller company in the NA and PAL territories to better sustain profitability. Only the future can really tell what’s in store for SEGA…