Sega Sammy Fiscal Year Ended March 2020: Full Year Results Appendix

Key insights

7 takeaways

01
Group sales rose to JPY 366.5 billion for the full year, while operating income reached JPY 27.6 billion, compared with JPY 13.0 billion in the prior year.See it on page 4
02
The company reports that a tax expense increase of approximately JPY 7 billion accompanied the reversal of deferred tax assets linked to the spread of COVID-19.See it on page 3
03
Pachislot unit sales for the full year were 123,336 units, up from 67,140 units, which the document attributes mainly to launches of mainstay titles.See it on page 7
04
Digital Games operating income for the full year was JPY 9.8 billion, compared with a loss of JPY 1.9 billion in the prior year.See it on page 9
05
The Resort segment's full-year operating loss widened to JPY 3.6 billion, with the document citing increased expenses tied to measures for domestic Integrated Resort (IR) development.See it on page 2
06
Shareholders' equity rose to JPY 301.2 billion at end-March 2020, while total net assets fell to JPY 296.8 billion from JPY 305.3 billion.See it on page 6
07
The company said it is reconsidering the business plan for the fiscal year ending March 2021 and the next mid-term management plan, and is postponing their announcement.See it on page 3

Summary

This is the full-year results appendix of SEGA Sammy Holdings Inc. for the fiscal year ended March 2020, presented at a briefing on May 13, 2020. It covers consolidated income statements, costs and expenses, balance sheet, and segment results for Pachislot and Pachinko Machines, Entertainment Contents, and Resort businesses, along with COVID-19 impacts, regulatory changes for pachislot and pachinko machines, market data, and shareholder returns. Group sales for the year were JPY 366.5 billion, compared with JPY 331.6 billion in the prior year, and group operating income was JPY 27.6 billion, compared with JPY 13.0 billion. Profit attributable to owners of the parent was JPY 13.7 billion, down from JPY 22.9 billion in 1Q-3Q cumulative terms, and the document reports a tax expense increase of approximately JPY 7 billion tied to the reversal of deferred tax assets. The Entertainment Contents segment reached JPY 247.7 billion in sales, with Digital Games operating income of JPY 9.8 billion for the full year. The Resort segment's operating loss widened to JPY 3.6 billion from JPY 2.4 billion. The company stated it was reconsidering its business plan for the fiscal year ending March 2021 and postponing announcement of its next mid-term management plan.