• Subscribe
  • Magazines
  • About
  • Contact
  • Advertise
Thursday 10 July 2025
  • zh-hant 中文
  • ja 日本語
  • en English
IAG
Advertisement
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
No Result
View All Result
IAG
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
No Result
View All Result
IAG
No Result
View All Result

Sega Sammy Holdings revises up FY23 guidance on strong pachinko, Korea IR results through December

Ben Blaschke by Ben Blaschke
Wed 15 Feb 2023 at 02:59
Japan’s Sega Sammy Holdings sees growth in integrated resort, pachinko segments for six months to 30 September 2022
19
SHARES
469
VIEWS
Print Friendly, PDF & Email

Japan’s Sega Sammy Holdings has revised its FY23 earnings outlook upwards on the back of stronger than expected financial results for the nine months to 31 December 2022.

The revised outlook sees Sega Sammy now anticipating net sales of JPY381.5 billion (US$2.87 billion) for the year, up 1.7% on the company’s May 2022 guidance, with net profit attributable to owners of the parent now estimated at JPY31.5 billion (US$237 million) – 12.5% higher than previous guidance.

Sega Sammy, which produces video games, supplies pachislot and pachinko games and machines, and holds a 45% share in South Korean integrated resort Paradise City in Incheon, published its financial results for the nine month-period through December this week, with net sales up 14.9% year-on-year to JPY272.0 billion (US$2.04 billion) and profit up 11.5% to JPY32.8 billion (US$247 million).

These included an 18.3% increase in net sales in its entertainment contents, or video games, segment to JPY210.5 billion (US$1.58 billion) with ordinary income up 12.8% to JPY41.6 billion (US$313 million).

In the pachislot and pachinko segment, pachislot saw unit sales climb from 48,000 a year earlier to 63,000 on strong performance from the new 6.5 models under Japan’s new regulatory requirements, however pachinko unit sales fell from 64,000 to 48,000.

As a result, segment revenue was largely flat at JPY52.2 billion (US$392 million), although ordinary income of JPY7.36 billion (US$55.3 million) represented a 22.1% year-on-year increase.

The resort business, which also includes non-gaming operation Phoenix Seagaia Resort, booked a 30.2% increase in net sales to JPY8.70 billion (US$65.4 million) while ordinary loss narrowed from JPY4.65 billion (US$34.9 million) a year earlier to JPY2.81 billion (US$21.1 million).

While recovery at Paradise City is underway, primarily on the back of Japanese VIPs returning in force, Sega Sammy – which calculates Paradise City numbers on three-month delay in its fiscal year – noted that drop amount and casino users from January to September 2022 was still just 26.3% and 31.8% respectively compared with the same period in 2019.

“Meanwhile, the recovery in the drop amount by Japanese VIP has been seen due to partially relaxed travel restrictions from June 2022, and from October onwards, it has surpassed the level before the spread of COVID-19,” the company said.

RelatedPosts

Macau sports betting concessionaire Macau SLOT sees profit grow 32% to US$15.7 million in 2021

Macau sports betting operator Macau SLOT reports US$16 million profit in 2024, new one-year concession granted

Wed 25 Jun 2025 at 14:07
Internet casino in Tokyo’s Shinjuku shut down

Japan asks eight countries to block its citizens from gambling on online sites

Wed 18 Jun 2025 at 07:00
In the crosshairs

S&P Global downgrades Universal Entertainment Corp as low Philippines visitation, increased casino competition hinders Okada Manila recovery

Wed 11 Jun 2025 at 05:25
Korea recovery continues as Paradise Co sees June revenue soar 25.9%

Korea’s Paradise Co enjoys best month of the year in May as casino revenues hit US$61 million

Wed 4 Jun 2025 at 23:43
Load More
Tags: JapanpachinkoParadise CityprofitsalesSega Sammy Holdings
Share8Share1
Ben Blaschke

Ben Blaschke

A former sports journalist in Sydney, Australia, Ben has been Managing Editor of Inside Asian Gaming since early 2016. He played a leading role in developing and launching IAG Breakfast Briefing in April 2017 and oversees as well as being a key contributor to all of IAG’s editorial pursuits.

Current Issue

Editorial – An inconvenient truth

Editorial – An inconvenient truth

by Ben Blaschke
Fri 27 Jun 2025 at 15:21

It’s understandable that political observers, academics and members of the public in greenfield jurisdictions would express caution around the legalization...

Light & Wonder’s Siobhan Lane

Light & Wonder’s Siobhan Lane

by Ben Blaschke
Fri 27 Jun 2025 at 15:19

Siobhan Lane, Light & Wonder’s highly experienced CEO of Gaming, speaks to Inside Asian Gaming about the company’s ongoing transformation...

Honesty is the best policy

Honesty is the best policy

by Ben Blaschke
Fri 27 Jun 2025 at 14:13

The Thailand Entertainment Complex Roundtable brought industry stakeholders, politicians and supporters of the government’s Entertainment Complex Bill face to face...

Sri Lanka’s casino industry

Sri Lanka’s casino industry

by Shaun McCamley
Fri 27 Jun 2025 at 13:36

Industry veteran Shaun McCamley delves into the complex history of Sri Lanka’s casino industry at a time when the country...

Evolution Asia
Your browser does not support HTML5 video.
Aristocrat
GLI
Nustar
SABA
Mindslot
Solaire
Hann
Tecnet
NWR
Jumbo
568Win

Related Posts

PhilWeb falls to US$10.5 million loss in FY24 on asset impairments

Century Entertainment signs joint venture agreement to develop gaming system platforms for Asia-Pacific markets

by Newsdesk
Thu 10 Jul 2025 at 06:22

Century Entertainment International Holdings Ltd has announced the formation of a joint venture with Philippines-based World Platinum Technologies Inc (WPT) with the goal of conducting research, development, marketing and sales of WPT’s gaming system platforms and related content in the...

Macau GGR hits new post-pandemic high of MOP$20.8 billion in October

Citi: Macau industry EBITDA likely to have grown by 3% in 2Q25

by Ben Blaschke
Thu 10 Jul 2025 at 05:46

Investment bank Citigroup believes the 8% year-on-year growth in gaming revenues generated by Macau’s casino operators in the June quarter will translate to 3% industry EBITDA growth – somewhat tempered by an unfavorable revenue mix due to a rebound in...

Thailand’s casino bill officially on hold after House votes to remove it from agenda

Thailand’s casino bill officially on hold after House votes to remove it from agenda

by Ben Blaschke
Thu 10 Jul 2025 at 05:42

Thailand’s controversial casino bill is officially off the House agenda after members voted in favor of its withdrawal on Wednesday. Local media outlet The Nation reported that the vote took place after two hours of debate, with 253 votes in...

Macau government says ratio of local staff employed by concessionaires in middle and senior positions now at 90%

Macau government says ratio of local staff employed by concessionaires in middle and senior positions now at 90%

by Pierce Chan
Wed 9 Jul 2025 at 19:46

Around 90% of the middle and senior staff of Macau’s six concessionaires are now local employees, the government has revealed. According to information made public by Secretary for Economy and Finance Tai Kin Ip during a plenary session of the...



IAG

© 2005-2024
Inside Asian Gaming.
All rights reserved.

  • SUBSCRIBE FREE
  • NEWSFEED
  • MAG ARTICLES
  • VIDEO
  • OPINION
  • TAGS
  • REGIONAL
  • EVENTS
  • CONSULTING
  • CONTRIBUTORS
  • MAGAZINES
  • ABOUT
  • CONTACT
  • ADVERTISE

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Subscribe
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
  • Events
  • Contributors
  • Magazines
  • Advertise
  • Contact
  • About
  • Home for G2E Asia

© 2005-2024
Inside Asian Gaming.
All rights reserved.

  • English