SEGA Sammy has printed its Q3 2025/26 monetary report, and it is a fairly blended bag for the multimedia large, with losses reported in a number of completely different areas.
However maybe the largest piece of stories comes from Rovio’s facet of the enterprise. Sega acquired the Offended Hen developer in 2023 Sega experiences has fallen “considerably in need of preliminary forecast resulting from speedy adjustments available in the market atmosphere and different elements”.
The corporate has reported an impairment loss of ¥30.4 billion ($198.6 million), citing elevated competitors and the speedy deterioration of consumer bases. This meant that “Rovio discovered it tough to advance its initially deliberate enterprise growth”.
Quite a lot of titles have not met Sega’s personal inner targets, with growth delays and cancellations additionally an element. Sonic Rumble, the cellular recreation which Rovio co-developed, additionally fell in need of expectations, significantly round buyer acquisition.
It is not simply with Rovio, although — whereas internet gross sales stay regular and are 4% up year-on-year, working earnings and atypical earnings are each down, 54.6% and 51.8% respectively. Leisure Contents has additionally dropped 31%.
Sega solely experiences two full recreation releases for the third quarter: Persona 3 Reload on Swap 2, and Soccer Supervisor 26, the latter of which wanted “a sequence of updates to deal with post-launch bugs, and so on. and improved the gameplay atmosphere”. And typically, full recreation titles have reported “stagnant development”.
It is not all unhealthy information, although: Sega is planning to launch “4 main new titles for mainstay IPs” subsequent monetary 12 months, with a continued deal with increasing the trans-media enterprise (films, TV reveals, merch, and so on.). Daniel Svärd, as soon as King’s head of reside recreation studios, can be appointed as Rovio’s COO.
All in all, not an important exhibiting for the corporate, and Sega has revised its internet gross sales expectations to rise barely — ¥490 billion / $3.2 billion, up from ¥475 billion / $3.1 billion — whereas working earnings expectations have been lowered to ¥40 billion / $261.5 million, from ¥53 billion / $346.6 million.
In fact, Yakuza Kiwami 3 & Darkish Ties has simply launched, and that can be included within the closing report for the fiscal 12 months ending March 2026. So that will assist flip the tides a little bit. And 2026 marks the thirty fifth anniversary for the Sonic sequence, so the long run must be blue — in a great way.
Tell us what you consider Sega’s acquisition of Rovio, and its quieter Q3, within the feedback.
