Sega Sammy had a challenging 2020, and the publisher's year-end financial report, released today, reflects that.
For the year ended March 31, Sega Sammy reported revenues down 24.2% to ¥278 billion ($2.53 billion), with net income down 91% year-over-year to ¥1.27 billion ($12 million).
The publisher's video gaming business saw revenues dip 12% to ¥219 billion ($1.99 billion), but it was the only part of the company to turn a profit, posting segment income up 72% to ¥27.9 billion ($250 million).
The company's pachinko and resorts revenues were down 51% and 40%, respectively, hurt by pandemic-related lockdowns and travel restrictions, particularly in the first quarter of the year.
On top of those difficulties, Sega Sammy's year was marked by sell-offs, closures, and a restructuring that included offering hundreds of employees voluntary retirement payouts.