Current Events > Atlas reports a net loss of 904 million yen for the fiscal year

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The_Scarecrow
06/29/19 1:32:52 PM
#1:


Today, Atlus has published its financial statement for the companys sixth fiscal term under Sega ownership. which ended on March 2019.

The report states that Atlus experienced a 904.1 million yen loss (approximately $8.39 million USD) during its Fiscal Year Ended March 2019. The past fiscal year ranged from April 1, 2018 to March 31, 2019.

According to Atlus, this is not an indication of deteriorating business, but it is due to the amortization of business rights with repayments taking place every fiscal period. This is because of the transfer from Index to Sega Dream (now Atlus), which took place in November 2013.

Atlus states that their sales target for the previous fiscal year were pleasantly exceeded, and that the company greatly contributed to the performance of the Sega Sammy Group.

Atlus reported a net loss of 686 million yen for Fiscal Year Ended March 2018, and net loss of 570 million for Fiscal Year Ended March 2017.


https://personacentral.com/atlus-financial-fiscal-year-2019/

Im glad sales exceeded expectations at least. Now, if only Atlas took full advantage of the Switch and PC.
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Frolex
06/29/19 1:35:26 PM
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