SEGA is not in a good position right now. The company recent sold off shares from SEGA Entertainment Tokyo in the arcade business. Unfortunately, the company expects an “extraordinary loss” during their current financial year. The loss is currently projected to be 10 billion yen or roughly $10 million. Additionally, SEGA is calling for a reduction of compensation to their directors along with asking 650 employees to voluntarily retire. The coronavirus pandemic definitely played its hand against SEGA and its limiting the company’s functionality. The application process for these retirements runs from November 16th to December 25th. Lastly, the investors report is available here.
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