Sega Sammy Revenue

Home Video Games Drive Increase For Sega Sammy

For its third fiscal quarter ending 12/31/22, Sega Sammy saw sales increase 20% to ¥122 billion (nearly $1.1 billion).  Sales in the entertainment contents division rose 33% to ¥94 billion (about $800 million), with video game sales for that division growing 39% to ¥68 billion. Analysis Sega Sammy is a diversified company that is seeing much of its recent growth from its overseas home video game business.  Sega was a pioneer in home video .....
Square Enix revenue

Square Enix Revenue Declines

For the latest quarter ending 12/31/22, Square Enix (9684.T-JP: Tokyo) (OTC: SQNNY) saw revenue decline 12% to ¥92,224 million (about $800 million).  Mobile game sales were down 25%, HD game sales were up 10%, and MMO game sales were down 41%.  For the nine-month period ending 12/31/22, sales were down 7%, however, profit was up 16% to ¥46,397 million. Analysis Square Enix has a lot of moving parts.  Its video game division “Digital Entertainmen.....
CMA Microsoft Activision

Do CMA Findings Jeopardize Microsoft Activision Blizzard Deal?

The U.K. Competition and Markets Authority (CMA) published its latest findings in its ongoing inquiry into the Activision Blizzard merger.  These provisional findings are part of the ongoing Phase 2 investigation that started last September and is scheduled to be completed by April 26, 2023. The 275-page document concludes with two major issues: The full report is available .....
Nintendo Direct Analysis

Nintendo Direct Highlights Solid 2023 Lineup

The Nintendo Direct event on February 8 highlighted the upcoming Nintendo Switch products.  A major focus was on the upcoming The Legend of Zelda: Tears of the Kingdom which launches May 12, 2023, at $70 for the basic version and $130 for the collector’s edition. Nintendo also did a surprise launch of the long-rumored Metroid Prime Remaster, an update of the 2002 GameCube title.  Advance Wars 1+2: Boot Camp is r.....
Take-Two Stock Price

Take-Two Sees Soaring Revenue and Bookings

Compared to the previous year period, Take-Two Interactive (NASDAQ: TTWO) saw revenue grow 56% in its third fiscal quarter ending 12/31/22.  Bookings for the quarter grew 60% over the previous year to $1.38 billion.  However, the company also reported a net loss for the quarter of $153 million versus net income of $145 million in the third quarter ending 12/31/21. Analysis Making a year-over-year comparison for Take-Two results is difficult a.....
Nintendo Switch Unit Sales

Nintendo Lowers Switch Forecast Again

For the third fiscal quarter ending 12/31/22, Nintendo announced revenue declined 8% to ¥638,204.  Switch unit sales declined 23% in Q3 to 8.2 million.  For the full fiscal year ending 3/31/23, Nintendo lowered its forecast for Switch hardware units to 18 million. Software sales for Nintendo were only down 3% in the third quarter.  However digital software sales were up 10% and downloads of packaged software was up 28% compared with the previous year quarter.  Pokemon Scar.....
Activision Blizzard Bookings

Activision Blizzard Sees Bookings Soar

For the third fiscal quarter ending 12/31/22, Activision Blizzard (NASDAQ: ATVI) saw bookings soar to $3.56 billion, up 45% from the previous year’s quarter.  Net revenue was $2.3 billion with $1.2 billion in deferred revenue.  Call of Duty: Modern Warfare II saw the highest opening quarter sell-through in franchise history.  Blizzard reported its highest quarterly net bookings. Analysis The results for Activision Blizzard were quite strong.  Cal.....
Video Game Stock Index

Video Game Stock Index Up 12% in January

The DFC Intelligence Video Game Stock Index and Video Game Stock Portfolio were launched on January 3, 2023.  In its first month companies in the index reported an average 12% gain.  The largest gain was among the larger conglomerate companies that ironically announced some significant recent layoffs. Meta was the best performer, showing a 51% increase for the month, much of it in the past few days, after reporting four.....

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