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Sega Nerds

February 8th, 2008

Sega-Sammy loses money, lays people off

It doesn’t matter how successful Sega is in the software division, they have Sammy to hold them down. However, the joint company expects to lose about $26 billion yen ($242 million dollars) because of slow pachinko machine sales.
Apparently, the pachinko machine industry has been dented by the Wii console. Due to this, Sega had to […]

By George -- 6 comments

September 20th, 2007

TGS 2007: Day one overview

 
Well hello there fellow Sega Nerdians.  It is I Graham, and I have just finished for the day at Tokyo Game Show.
It was a worrying time for a while, as we were told at one point we wouldn’t be allowed Press Passes this year (another sucky thing about not being paid for this job!).  However, […]

By Graham -- 10 comments

July 27th, 2007

SegaSammy suffers 1st quarter (2007) losses

Sega Sammy Holdings Inc has announced its first quarter financial report, and all is not so fine and dandy for the company as they slip into the red.
The company has shown a net loss of 5.08 billion yen ($42.87 million US) during the three months to June, in contrast to the previous year’s profit of […]

By Graham -- 4 comments

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