Happinet's video game business in September interim results saw a 72% decline in segment profit to 198 million yen ... Double-digit decline in sales of Nintendo products, game amortization costs also resonate
Happinet revealed that for the interim financial results for the fiscal year ending March 2025 in September, net sales decreased by 6.7% year-on-year to 36,383 million yen, and segment profit decreased by 72.1% to 198 million yen. According to the company, this was due to sluggish sales of game hardware and the lack of hit products in game software that would drive the market. Recording of software amortization expenses due to the release of new games......
The linked article is in Japanese.
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