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The latest update is out from Sega Sammy Holdings ( (JP:6460) ).
Sega Sammy Holdings has revised its full-year operating results forecast for the fiscal year ending March 2025. Despite an anticipated increase in ordinary income due to strong performance in the Consumer and Animation areas, the company expects a decrease in net sales and profit attributable to owners of the parent. This revision is influenced by extraordinary losses from business restructuring, including the transfer of Amplitude Studios SAS through a management buyout. The adjustments indicate challenges in the company’s pachislot and pachinko machines business but highlight growth in gaming and entertainment content, affecting stakeholders by signaling strategic shifts and market adaptations.
More about Sega Sammy Holdings
Sega Sammy Holdings Inc. is a prominent player in the entertainment industry, focusing on consumer-oriented entertainment content, pachislot and pachinko machines, and gaming. The company is known for its strong presence in both the console and arcade gaming markets, along with a significant stake in the animation sector.
YTD Price Performance: 7.44%
Average Trading Volume: 150
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $4.48B
Learn more about 6460 stock on TipRanks’ Stock Analysis page.
