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.

Read Full Story >>
dualshockers.com
Vits1770d ago

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

LegoIsAwesome1769d ago

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

Shiken1769d ago

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

LegoIsAwesome1769d 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"

Kribwalker1769d ago

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

rainslacker1769d 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.

+ Show (1) more replyLast reply 1769d ago
Chevalier1769d 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.

Vits1769d ago

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

NXFather1769d ago

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

SamPao1769d ago

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

NXFather1769d 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.

+ Show (1) more replyLast reply 1769d ago
XiNatsuDragnel1770d ago

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

TheOptimist1769d ago

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

DarXyde1769d 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.

GameBoyColor1769d ago

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

1770d ago
AK911769d ago

I hope this means more traditional games from Atlus then.

lociefer1769d 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

Show all comments (26)
30°

The Name "Embracer Group" Is No More, But Don't Say You Didn't See It Coming

A reckless buying spree only to jeopardize it all, Embracer Group's heinous practices have done a lot of damage; it had the downfall coming.

mastershredder1d 21h ago

THEY. It's a collective of investors that give no f-s unless the monkey dances for money and delivers. downfall? Urm.. dude... do you understand this is a rinse and repeat process? They won and bailed before plane crashed, the working industry did not. People saw investment money and sold themselves and the industry out like hot real estate, and now look at it. Honestly, you should be more upset with the studios that jumped on board for the carrots rather than those that were handing them out.

Knightofelemia1d 16h ago

Seen it coming. When a fool spends money with out a plan and purchases every thing they see. Those they have purchased feel the ramifications. Now Embracer has to sell off studios to make up for their stupidity. I am just glad Gearbox went to Take Two and not to someone like say Tencent. What Embracer did was stupid and because of their stupidity bottom feeders like Tencent will be circling around picking at the scraps. Next time if there is a next time fully plan something out before whipping out the cheque book. Figure out how you can utilize the company, figure out how they can fit in, figure out how you can work with them and how their games can fit in nicely with the purchase. Being a dumbass with out a plan and a big cheque book does bite you and those around you in the ass.

80°

How Many More Victims, Like Garry's Mod, Will Nintendo's Hurtful Crusade Create?

Hanzala from eXputer: "As Nintendo takes out 20 years' worth of stuff from Garry's Mod, I watch in shock, thinking why it continues to hurt and discourage its fans."

RiseNShine11h ago(Edited 11h ago)

The irony that some of the most disgusting business practices come from companies like Disney or Nintendo, i can't even begin to understand what terrible damage was Garrys Mod making to Nintendo bottom line, imho they're getting pretty nervous about where they're heading in the future, handhelds are no longer something exclusive to Nintendo, from Steam Deck to many others, now you can play the latest games and pay a fraction of the price on Steam sales, so it's up to their exclusives, which just on their own would make hard to justify purchasing a closed overpriced hardware with outrageous price policies (Super Mario Odyssey is still 60 euro 6 years later!), and as a home console they're always underperforming compared to Sony or Xbox.

gold_drake5h ago(Edited 5h ago)

i cam guarantee you, that their exclusives alone is what drives switch sales. they sell in the 10s of millions of copies.

nintendo created their franchises to be sort of nostalgia driven, exclusive only on nintendo.

people will always buy the pkmn games as they always bring in new younger fans amd is family friendly

mario kart, the same thing, mario games in general.

zelda games are system sellers. animal crossing for the casual gamers.

nintendo doesnt need third vame devs essentially. they made sure with the switch and the limitations that they looked more to pc ps and xbox.

its sad, but nintendo is more than fine with what they're doing. they positioned themselves to appeal to the more casual gamers.

but to your point, im not sure why they're doing this rly.

Inverno3h ago

Look at how they handled Nintendo games being streamed or uploaded on YouTube in the past. They killed Yuzu and Citra even when they had nothing to do with ToTK being leaked, not to mention it was basically unplayable on emulation the week it was leaked. Smash Bros tournament, that was fairly recent. They shut down their online services without any care for purchases made. I bought a switch after skipping their last 2 consoles and handhelds but I don't plan on buying anything Nintendo in the future. They take things to the extremes, they legitimately hate their fans. They're honestly right up there with the likes of Acti, EA, and Ubi, only difference is that they disguise themselves as being family friendly all the while being shady.

150°

THQ Nordic's 2024 Showcase kicks-off on August 2nd, 2024

"THQ Nordic's Showcase is back! Our Digital Showcase 2024 will be full of world premiere announcements, updates for previously announced games, and might even hold some surprises, airing exactly 3 months from now!

Mark your calendar as the Digital Showcase 2024 goes live on Friday, August 2, 2024, at 12:00 PM PDT / 3 PM EDT / 8 PM BST / 9 PM CEST / 10 PM MSK." - THQ Nordic.