Football Manager 2023

Sega records $200m impairment write-down for Rovio during Q3

Sega records $200m impairment write-down for Rovio during Q3 Rovio "found it difficult to advance its initially planned business development," says Sega Sega Sammy has released its financial results for the nine months ended December 31, 2025, noting significant declines in operating and ordinary income due to new game releases that failed to meet sales expectations. Sega said Rovio "found it difficult to advance its initially planned business development" and consequently "the profitability of this business has fallen below the initial forecast." Here's what you need to know: The numbers For the nine months ended December 31, 2025 - Net sales: ¥335.2 billion ($2.1 billion, up 4% year-on-year) - Operating income: ¥19.8 billion ($129.2 million, down 54.6% year-on-year) - Ordinary income: ¥23.8 billion ($155.3 million, down 51.8% year-on-year) The highlights Sega saw a considerable decline in its Entertainment Contents segment, with operating income dropping 31% to ¥23.7 billion ($154.8 million) and ordinary income falling 34% to ¥24.6 billion ($160.7 million). Net sales remained stable at ¥242.2 billion ($1.58 billion), up from ¥238.6 billion ($1.55 billion) in the same period last year. The publisher now expects net sales of ¥490 billion ($3.2 billion), up from ¥475 billion ($3.1 billion), and operating income of ¥40 billion ($261.5 million), down from ¥53 billion ($346.6 million).