Sega Sammy Holdings

Organization

12 documents

Documents

Q3 2026 Financial Supplementary Data Collection Data Appendix (FY2026/3 Q3)

Financial results for the third quarter of the fiscal year ending March 2026 reveal a complex performance landscape characterized by robust revenue generation offset by substantial extraordinary losses. Consolidated sales reached 134.1 billion yen for the quarter, driven primarily by the Entertainment Contents segment. However, the company recorded a net loss of 19.5 billion yen due to 31.8 billion yen in extraordinary charges. These financial pressures necessitated a revision of the full-year forecast, which now anticipates higher overall sales of 490.0 billion yen but a projected net loss of 13.0 billion yen for the fiscal year. The consumer games division remains a cornerstone of the business, though it faces tempered expectations for the remainder of the year. While third-quarter sales were strong at 66.5 billion yen and full-game unit sales reached 8.69 million, the annual unit sales target was lowered from 30.0 million to 26.5 million. This adjustment stems largely from a decline in anticipated repeat sales of older titles. Key intellectual properties continue to demonstrate market resonance, with the Sonic series leading performance at 4.0 million units year-to-date, followed by the Total War, Like a Dragon, and Persona franchises, which each contributed between 2.4 million and 3.2 million units. In the amusement and resort sectors, the Pachislot and Pachinko segments show signs of recovery despite regulatory and competitive challenges. While Pachislot approval rates remain low and utilization shares have dipped to 14.5%, the Pachinko segment saw an improved utilization share of 10.0%, ranking the company third in the market. Simultaneously, the Paradise Segasammy casino resort reported growth, hosting 321,000 users year-to-date and generating a cumulative operating profit of 86.2 billion KRW. These diverse results highlight a period of strategic recalibration as the company manages high-performing legacy IPs against broader structural financial headwinds.

market-analysis market-forecast japan+1

Sega Sammy HoldingsFeb 2026

Presentation

Q3 for the Fiscal Year Ending March 2026 Results Presentation

Sega Sammy’s performance through the third quarter of the fiscal year ending March 2026 is characterized by a significant divergence between robust domestic gaming machine operations and substantial financial setbacks in the global consumer and mobile segments. While the Pachislot and Pachinko division exceeded expectations—driven by high-volume unit sales of titles like Smart Pachislot Tokyo Revengers—the broader group faces a projected net loss of 13.0 billion yen for the fiscal year. This downturn is primarily the result of 46.3 billion yen in extraordinary impairment losses related to the acquisitions of Rovio and Stakelogic, the latter of which was impacted by regulatory shifts in the Netherlands. The Entertainment Contents Business struggled with underperforming new full game launches and a deteriorating user acquisition environment for mobile titles, most notably Sonic Rumble. Consequently, management has pivoted from aggressive expansion to a period of consolidation, suspending large-scale M&A activities in favor of a 20.0 billion yen share buyback program. To restore profitability within the mobile sector, the strategy now emphasizes a "regrowth phase" for Rovio, leveraging AI-driven marketing efficiencies and a transmedia approach that includes major theatrical releases for the Angry Birds and Sonic franchises scheduled through 2027. Despite current headwinds, the medium-term outlook relies on a robust multi-platform pipeline and the expansion of the Gaming Business, which includes record-high performance at Paradise SegaSammy fueled by Japanese VIP demand. Upcoming releases for the Nintendo Switch 2 and the continued rollout of high-profile intellectual properties like Yakuza and Persona are intended to stabilize the consumer area. Geographically, the company remains focused on global markets while maintaining strict compliance with international gaming regulations in jurisdictions such as Nevada, which govern both corporate operations and shareholder requirements.

market-analysis game-publishing japan

Sega Sammy HoldingsFeb 2026

Financial

Consolidated Financial Results for the Nine Months Ended December 31, 2025

Sega Sammy Holdings experienced a period of financial transition during the first nine months of the fiscal year ending March 31, 2026, characterized by modest revenue growth alongside significant bottom-line volatility. Net sales increased by 4.0% to ¥335.2 billion, supported by the successful execution of the Sonic the Hedgehog transmedia strategy and record profits from the Paradise City integrated resort in South Korea. However, the company recorded a net loss of ¥16.9 billion, a sharp reversal from the prior year’s profitability. This downturn was primarily driven by a ¥31.4 billion impairment loss on goodwill and intangible assets associated with the acquisition of Rovio Entertainment, which contributed to a 54.6% decline in operating income. Performance across core business segments remained mixed as the company integrated recent acquisitions. While the Gaming segment saw a 441.6% surge in third-party sales following the consolidation of Stakelogic and GAN, it ultimately recorded an ordinary loss. Meanwhile, ordinary income fell by 34.3% in the Entertainment Contents division and 46% in the Pachislot and Pachinko segment. These operational headwinds, combined with dividend payments and treasury stock acquisitions, led to a reduction in total net assets to ¥360.6 billion. In response to these financial pressures and the impact of the Rovio impairment, a strategic shift in capital allocation has been implemented. The company has formally suspended large-scale M&A activities to prioritize shareholder returns and balance sheet stability. This pivot includes a ¥20 billion treasury stock buyback program scheduled between February and July 2026, intended to acquire and retire up to 5.71% of outstanding shares. By reallocating capital previously reserved for aggressive growth investments, the focus has moved toward optimizing existing assets and enhancing shareholder value through disciplined financial management.

investment mergers-acquisitions market-analysis+1

Sega Sammy HoldingsFeb 2026

Report

Sega Sammy Holdings Integrated Report 2025

Sega Sammy Holdings’ 2025 Integrated Report details a transformative strategic shift aimed at establishing a more balanced and resilient business portfolio. Historically reliant on the volatile Pachislot & Pachinko market, the Group is transitioning to a three-pillar structure: Entertainment Contents, Pachislot & Pachinko, and a newly formed Gaming Business. This "Welcome to the Next Level!" plan focuses on global expansion and transmedia integration to drive long-term growth through 2030. The Entertainment Contents segment remains the primary revenue driver, contributing ¥321.5 billion of the Group’s ¥428.9 billion in FY2025 net sales. This growth is fueled by a "mille-feuille" revenue model that leverages major intellectual properties like *Sonic the Hedgehog*, *Persona*, and *Like a Dragon* across games, film, and licensing. Meanwhile, the Pachislot & Pachinko segment is being repositioned as a stable cash generator. To combat a shrinking domestic market, the Group is introducing innovative modular cabinet systems to reduce costs for operators and improve player engagement. The most significant strategic development is the establishment of the Gaming Business as a third pillar, targeting the North American iGaming and B2B casino solutions markets. This expansion is underpinned by the major acquisitions of Rovio, GAN, and Stakelogic, totaling over ¥130 billion, alongside the divestment of non-core assets like the Phoenix Seagaia Resort. Financially, the Group reported a robust FY2025 performance with a profit of ¥45.1 billion and an ROE of 12.2%. Looking ahead, the Group targets a cumulative adjusted EBITDA of over ¥230 billion by FY2027, supported by a commitment to shareholder returns including a 50% total return ratio and a 3% dividend on equity. Sustainability and governance also remain central, with goals for carbon neutrality by 2050 and enhanced diversity within its global workforce.

market-analysis investment japan

Sega Sammy HoldingsOct 2025

Financial

Fiscal Year Ended March 2025 Results Presentation

Sega Sammy’s financial performance for the fiscal year ended March 2025 reflects a transitional period characterized by strategic restructuring and the expansion of global intellectual property. While net sales and operating income saw a decline to 428.9 billion yen and 48.1 billion yen respectively, net profit rose to 45.0 billion yen following the divestment of Phoenix Resort. The Entertainment Contents division remained a primary growth engine, bolstered by high-margin repeat game sales and the successful integration of Rovio. Despite a temporary downturn in the Pachislot and Pachinko segment due to a lack of major releases, the Gaming division achieved profitability through record-breaking casino performance at Paradise SegaSammy and robust slot machine sales in the United States. The medium-term strategy centers on a transmedia approach designed to maximize the lifecycle value of core franchises. This is exemplified by the Sonic the Hedgehog brand, which saw significant licensing growth and substantial box office success, paving the way for a multi-year pipeline of films and animation through 2027. To sustain this momentum, the company is reviving legacy titles such as Virtua Fighter and Shinobi while investing 20.93 billion yen to acquire Stakelogic, targeting the North American online gaming market. These initiatives are supported by structural reforms in European operations and a commitment to human capital, including specific targets for cultural diversity and female leadership by 2031. Looking toward the fiscal year ending March 2026, a recovery in sales to 475.0 billion yen is projected, driven by a strong pipeline of new titles and the revitalization of the Pachislot business through innovative cabinet systems. The company maintains a disciplined capital policy, targeting a 50% total return ratio for shareholders and a cumulative adjusted EBITDA of over 230 billion yen by 2027. Furthermore, Sega Sammy continues to prioritize ESG benchmarks, maintaining high ratings for gender diversity and climate change management while navigating the complex regulatory requirements of international gaming jurisdictions.

market-analysis investment japan+1

Sega Sammy HoldingsMay 2025

Financial

Results Presentation: Q3 for the Fiscal Year Ending March 2025

This financial presentation details the consolidated results for Sega Sammy Holdings for the third quarter of the fiscal year ending March 2025. The findings indicate a strong overall performance, particularly within the Entertainment Contents segment, which includes consumer games and animation. While the company reported a year-to-date net sales decrease to 322.3 billion yen compared to the previous year, it revised its full-year ordinary income forecast upward to 51.5 billion yen, driven by robust performance in its core intellectual properties. The scope of the report covers global operations across three primary segments: Entertainment Contents, Pachislot and Pachinko Machines, and Gaming. In the consumer area, the successful launches of Metaphor: ReFantazio and Sonic X Shadow Generations contributed to strong sales, though the company recorded an inventory write-down following the cancellation of Football Manager 25. The animation division saw significant gains from the Sonic the Hedgehog cinematic franchise. Conversely, the Pachislot and Pachinko segment faced a downward revision in sales forecasts due to the postponement of mainstay titles to the next fiscal year to ensure product quality. The Gaming business, centered on North American slot machine sales and the Paradise City resort in South Korea, showed steady growth. The company announced an organizational restructuring of this segment to integrate recent acquisitions like GAN and Stakelogic, aiming to establish gaming as a third major business pillar. Methodologically, the report utilizes consolidated financial data, exchange rate impact analysis, and unit sales tracking. The company maintains a shareholder return policy targeting a total return ratio of 50% or a 3% dividend on equity, supported by a medium-term plan to invest over 100 billion yen in research, development, and strategic growth.

market-analysis market-forecast investment+1

Sega Sammy HoldingsFeb 2025

Financial

Financial Results Presentation: Q2 for the Fiscal Year Ending March 2025

Sega Sammy’s financial performance through the second quarter of the fiscal year ending March 2025 reflects a period of strategic transition and robust operational growth across its core entertainment and gaming segments. Financial results exceeded initial expectations, primarily bolstered by the commercial success of major intellectual properties and steady performance in the pachislot and pachinko markets. While the company realized gains from the sale of Phoenix Resort shares, it simultaneously finalized significant structural reforms within its European operations, most notably through the divestment of Amplitude Studios. These reforms, though resulting in a 5.9 billion yen extraordinary loss, aim to stabilize long-term profitability and refocus development resources. The consumer games division demonstrated significant momentum, with flagship titles such as Sonic X Shadow Generations and Metaphor: ReFantaggio each surpassing one million units sold at launch. This success in the Entertainment Contents segment is complemented by a recovery in the Total War franchise and strong casino revenues from the Paradise SegaSammy affiliate. In the gaming machine sector, the North American market provided a notable boost via the success of the Railroad Riches slot machine. Despite these gains, the company remains cautious regarding a weakening order environment for amusement machines and the plateauing utilization rates of smart machines in the domestic pachislot market. Looking forward, the strategic focus shifts toward a medium-term plan involving over 200 billion yen in total investment. This capital is earmarked for consumer-area development and aggressive M&A activity, including the acquisitions of GAN and Stakelogic to strengthen the company’s global gaming footprint. Internal governance and human capital management have also been prioritized through a revised compensation structure that integrates stock-based incentives for all employee levels. By aligning workforce incentives with long-term corporate value and maintaining a pipeline of high-quality IP, the organization seeks to navigate shifting market dynamics and ensure sustainable growth through the remainder of the fiscal year.

market-analysis market-forecast investment+1

Sega Sammy HoldingsNov 2024

Financial

Q1 for the Fiscal Year Ending March 2025 Results Presentation

Sega Sammy Holdings reported a steady start to the fiscal year ending March 2025, characterized by strategic portfolio restructuring and targeted expansion into the online gaming market. For the first quarter, the company recorded sales of 104.7 billion yen and an operating income of 19.3 billion yen. While these figures represent a slight year-over-year decline in top-line revenue, profit attributable to owners of the parent rose significantly to 24.5 billion yen. This increase was primarily driven by an extraordinary income of 8.4 billion yen following the transfer of Phoenix Resort shares to Fortress Investment Group, a move intended to leverage specialized expertise in the hospitality sector while retaining a 20% voting interest. The Entertainment Contents segment remains the primary growth engine, generating 72.5 billion yen in sales during the quarter. Performance was bolstered by favorable foreign exchange impacts and the integration of Rovio. Although full-game unit sales reached 5.86 million units—surpassing the previous year—the company expects its most significant revenue contributions to occur from the third quarter onward with the launch of major titles such as Sonic X Shadow Generations and Metaphor: ReFantazio. In the Pachislot and Pachinko segment, the company maintained a steady pace with 28.8 billion yen in sales, preparing for the second-quarter launch of the featured smart pachinko title, e Hokuto No Ken 10. Geographically, the company is aggressively targeting the North American market. This is evidenced by the July 2024 announcement to acquire Stakelogic B.V. for an enterprise value of €130 million. This acquisition, combined with the previous GAN agreement, aims to establish a comprehensive B2B online gaming platform. Additionally, the Gaming segment saw strong U.S. performance from the Railroad Riches slot series. Looking ahead, Sega Sammy has outlined a three-year capital allocation plan through FY2027, earmarking over 120 billion yen for R&D and 100 billion yen for strategic investments, while maintaining a shareholder return policy of at least a 3% DOE or a 50% total return ratio.

market-analysis investment market-forecast+1

Sega Sammy HoldingsAug 2024

Report

Results Presentation: Q3 for the Fiscal Year Ending March 2026

Q3 for the Fiscal Year Ending March 2026 The market forecasts, performance outlooks, plans, strategies, and other forward-looking statements contained in this document are based on information available to the Company and the judgment of its management at the time this material was created. They do not constitute a guarantee of future performance.

market-analysis market-forecast investment+1

Sega Sammy Holdings

Report

Consolidated Financial Results: FY2026/3 Q3

The quarterly consolidated financial results for SEGA SAMMY HOLDINGS INC. cover the nine‑month period ending December 31, 2025, within a fiscal year that ends March 31, 2026. Net sales rose 4 % to ¥335,232 million from ¥322,316 million in the prior year. Operating income fell sharply by 54.6 % to ¥19,844 million, driven largely by a ¥31,380 million impairment loss on goodwill and other intangible assets related to the Rovio subsidiary. Ordinary income declined 51.8 % to ¥23,838 million, and profit attributable to owners of parent turned a loss of ¥16,894 million. Adjusted EBITDA contracted 93.6 % to ¥3,482 million from ¥54,518 million, reflecting the extraordinary impairment and restructuring costs. Basic earnings per share shifted from a profit of ¥194.14 to a loss of ¥79.98. Segment performance varied: Entertainment Contents sales increased modestly (1.5 %) but ordinary income fell 34.3 % to ¥24,676 million; Pachislot & Pachinko sales declined 4.0 % with ordinary income dropping 46.0 %; Gaming revenue surged 438.5 % to ¥16,795 million but incurred a loss of ¥247 million due to consolidation of newly acquired GAN and Stakelogic. The Group’s balance sheet shows total assets at ¥640,474 million and net equity of ¥360,618 million, with the equity ratio at 56.2 %. Current liabilities rose to ¥109,254 million, lowering the current ratio to 35.1 %. Treasury stock increased from ¥54,866 million to ¥26,459 million as the company retired 20 million shares and subsequently acquired up to 12 million shares at a maximum cost of ¥20 billion. The results reflect significant impairment impacts, a shift in capital allocation policy toward shareholder returns, and ongoing adjustments to the Gaming and Entertainment segments amid new acquisitions.

market-analysis investment japan+1

Sega Sammy Holdings

Sega Sammy Holdings

Documents

Q3 2026 Financial Supplementary Data Collection Data Appendix (FY2026/3 Q3)

Q3 for the Fiscal Year Ending March 2026 Results Presentation

Consolidated Financial Results for the Nine Months Ended December 31, 2025

Sega Sammy Holdings Integrated Report 2025

Fiscal Year Ended March 2025 Results Presentation

Results Presentation: Q3 for the Fiscal Year Ending March 2025

Financial Results Presentation: Q2 for the Fiscal Year Ending March 2025

Q1 for the Fiscal Year Ending March 2025 Results Presentation

FY2026/3 Q3 Data Appendix

Integrated Report 2025

Results Presentation: Q3 for the Fiscal Year Ending March 2026

Consolidated Financial Results: FY2026/3 Q3