310°

Atlus Reports Net Loss of 904 Million Yen for Fiscal Year, Physical Game Sales Strong

Atlus's latest financial report reveals a net loss of over 900 million yen. Despite this, Atlus states its overall business sales have been strong.

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dualshockers.com
Vits2175d ago

Unfortunately that wasn't caused by a lack of sales. So they will mostly likely not expand their multiplatform catalog.

LegoIsAwesome2174d ago

"Bring the P5R to the Switch" comments will show up in the following hours for sure

Shiken2174d ago

It wouldn't be a bad idea and hurt no one, so who cares?

LegoIsAwesome2174d ago

Nothing. It's just in every articles that includes Atlus, there's always some people begging for it to be release on the Switch. Sorry it's just funny. They begged for a Persona game, now they have it. Persona 5 "Scramble"

Kribwalker2174d ago

P5R to the switch would turn that loss into a huge profit for sure

rainslacker2174d ago

That amounts to about 8 million dollars.

The loss is more because of all they have in production, so bringing a game to switch may cost them around a million, at which they'd probably return 4-5 million, which means less of a loss.

But, because of the way corporate finances are determined, it means they may have better profits in the future, as money would have been written off this year, instead of the year of release.

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Chevalier2174d ago

Looks like someone didn't actually read the article. The posted loss is just them posting amortization from their business transfer to Sega. Their sales helped Sega this year.

With Persona 5 Royal launching this year then coming next year in N.A. their sales will be better than this year so no worries they'll be more than fine.

Vits2174d ago

Looks like someone didn't actually read my comment: "Unfortunately that wasn't caused by a lack of sales".

NXFather2174d ago

So you saying they may not be able to fix the situation. Alright.

SamPao2174d ago

maybe read the article, they are in no way in a bad situation.

NXFather2174d ago

@SamPao

Yeah. I gathered that from the Sony Force but, I was simply responding to Vits and Vits only. Thanks for the concern. I like Atlus games if that helps.

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XiNatsuDragnel2175d ago

As you long you make great games, ppl will buy in droves

TheOptimist2174d ago

Are you sure? Call of Duty sells the most each year.

DarXyde2174d ago

That doesn't exactly disprove that great games sell well either - they didn't say ONLY great games sell well.

That's neither here nor there.

The loss is essentially from loan repayments following the Sega acquisition.

GameBoyColor2174d ago

their great games are kinda spaced out, they really waste time and probably money making filler games in between.

2175d ago
AK912174d ago

I hope this means more traditional games from Atlus then.

lociefer2174d ago

I would have been worried if their sales weren't strong. Honestly Persona 5 is one of the best games ever made and it would be a blow to gaming if they stopped making similar games

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110°

Response to Recent Community Concerns About Take-Two’s Terms of Service

Take-Two: "We know there have been some concerns from Borderlands fans about Take-Two’s Terms of Service. Maintaining transparency and confidence with the community here is always our goal, and we wanted to address some of these concerns."

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steamcommunity.com
anast2d ago

If you are real fan, you will give them what they want.

170°

Final Fantasy IX 25th Anniversary Lottery Announced

Do not miss the Final Fantasy IX lottery commemorating its 25th anniversary and see the new merch release by Square Enix.

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gamersocialclub.ca
jznrpg6d ago

It would be nice if they had the lottery in other parts of the world as well.

CrimsonWing695d ago

I’m hoping Xbox Showcase will be where the Remake gets announced… freaking all this stuff with FF9’s anniversary and still nothing on the Remake…

60°

Report: Inside Ubisoft's Project Renaissance, a Cancelled Minecraft-Like Voxel Game

In recent years, Ubisoft has canceled several games, one of them being a project code-named Renaissance.