Sega Sammy returns to profit in H1, but Pachinko operations still in the red

Japanese Pachinko business Sega Sammy has recorded revenue figures of JPY134.9bn (£878.3m/€1.02bn/$1.18bn) for the six-month period ended 30 September, the first half of its 2021/22 financial year.

The figure represents a 22.4% increase on the corresponding period last year. The entertainment portion of the business generated JPY107.4bn, up 10.7% from last year.

Pachislot and pachinko machines ​raised JPY23.0bn, while resort operations added JPY3.8bn.

Costs of sales came to JPY77.48bn, up 14.9% year-on-year and leaving gross profit at JPY57.42bn, up 32.6%.

Other expenses amounted to JPY42.74bn. Among these figures, combined content production expenses for all three divisions came to JPY15.7bn, advertising expenses were JPY4.7bn, and depreciation accounted for JPY1.8bn.

As a result, perating income for the company came to JPY14.7bn, up from a JPY3.1bn loss last year. The entertainment sector contributed JPY22.2bn of that total, while the resorts business, pachislot and pachinko machines and other sources lost a combined JPY7.6bn

Source: https://igamingbusiness.com/sega-sammy-returns-to-profit-in-h1-but-pachinko-operations-still-in-the-red/