Sega has announced that its profits have fallen overall when compared to last year's figure, despite "strong" performances for releases like Atlus' Metaphor: ReFantazio and Persona 5 Royal.
In the legendary Japanese company's latest financial report, Sega reveals that its profit fell by around 17% compared to last year's number, although it's worth noting that its "entertainment" division (which comprises video games, but also movies and TV) actually saw profits rise.
Sega puts the increase in entertainment profit down to "strong performance" in various areas, including back catalog sales and revenue for the latest Sonic movie, which helped the movie adaptations of the Blue Blur's adventures cumulatively cross $1 billion at the box office back in January.
Elsewhere in entertainment, Sega points to the "strong" sales of new IP Metaphor: ReFantazio, developed by ex-Persona staffers, as a motivating factor for increased profits in the sector. High sales for flagship Sonic game Sonic x Shadow Generations were also part of the studio's strength in this area.
The company also says that "strong repeat sales" for back catalog titles Persona 5 Royal (Remaster) and Unicorn Overlord helped to shore up its numbers in the entertainment department.
It's worth noting that Sega...