Tag: video game industry
Nintendo Faces Profit Decline and Plans New Super Mario Releases to Reverse Trend
Nintendo has experienced a decline in profits over five consecutive quarters, leading the company to lower its financial expectations for the fiscal year ending in March 2025. In the first half of this fiscal cycle (April-September 2024), revenues fell by 34.3% compared to the same period in 2023, reaching 523.2 billion yen, while net profit…
SEGA Confirms Development of a New Virtua Fighter Installment
SEGA has officially announced that it is working on a new installment of the iconic 3D fighting game series, Virtua Fighter. This news was revealed by Justin Scarpone, SEGA’s Executive Vice President and head of the Global Transmedia Group, in a recent interview.