Earth is gone, the rich have colonized Mars and the rest of humanity is living their worst life in The Taint, a giant orbiting slum. While humanity is trying to survive, the Mars billionaires are more worried about fulfilling their nostalgic dreams. Plunderships, massive retail spacecrafts dedicated to selling salvaged pop-culture artefacts from Earth, our artefacts, at space-high prices to satisfy their desires.
We, an unlikely pack of talented robbers, hit the Mars elite where it hurts most: their stuff A.K.A. OUR stuff. They call us "Hyenas". We get in, empty some clips into their security clones and other ""preventative measures"", steal all the best stuff then get out. Exploding a clone in zero gravity is kind of messy, but as long as we make it out with the merch it’s worth it.
So, you in?
SEGA SAMMY HOLDINGS INC. hereby notifies that it has resolved to implement structural reforms in the Consumer area, mainly at its European bases at the Board of Directors meeting held on September 28, 2023 and in accordance with this decision, the Company expects to record a loss for the fiscal year ending March 31, 2024.
1. Background of implementation of structural reforms
The Company group has set the Consumer area as one of its growth areas and has achieved rapid earnings growth in recent years by promoting the global branding of its existing IPs and other measures. On the other hand, the business environment surrounding the Consumer area has been rapidly changing, including reactionary decline from the stay-at-home demand in COVID-19 and the economic downturn due to inflation in European region, and profitability has been lowered mainly in European bases.
To promptly adapt to these changes in the environment and improve profitability, we have decided to implement structural reforms aimed at increasing efficiency, mainly at our European bases and reviewed the title portfolio in those bases. Then we have made the difficult decision to cancel some titles under the development as well as to reduce the fixed expenses.
2. Details of implementation
The Company will implement the following items regarding structural reform in our European bases which are determined at this time.
Cancelation of titles under development
In response to the lower profitability of the European region, we have reviewed the title portfolio of each development base in Europe and the resulting action will be to cancel “HYENAS” and some unannounced titles under development. Accordingly, we will implement a write-down of work-in-progress for titles under development.
Reduction of fixed expenses
We will implement reduction of various fixed expenses at several group companies in relevant region, centered on the Creative Assembly Ltd. We expect to incur one-time expenses related to reduction of fixed expenses. We will continue to consider measures to improve profitability in European bases apart from above. We will announce the specific details and impact from them as soon as we make decision.
3. Future outlook
As a result of implementation of the structural reform described above in Consumer area, we expect to record losses of approximately 14.3 billion yen for the fiscal year ending March 31, 2024, but there are no changes to the full-year consolidated operating results forecast for the fiscal year ending March 31, 2024 at this time. In the Consumer area, several new titles, including mainstay IPs, will be released from the third quarter onwards and the Amusement Machine Sales area, where the prize category is performing well, and the Animation and Toy area are performing solidly. In addition, the Pachislot and Pachinko Machines Business continues to perform well, centered on the pachislot machines, and in the Resort Business, occupancy at various facilities is also continuing to be solid. The full-year consolidated operating results forecast for the fiscal year ending March 31, 2024 will be revised as necessary, after closely observing these conditions as well.
Key Features:
- Give Zero Fs in Zero-G: Why walk when you can fly? Traverse seamlessly into zero-G zones where movement and combat take flight.
- Meet the HYENAS: A cast of memorable misfits with unique abilities and big personalities. Pick a Hyena to suit your style, whether that's all guns blazing, or manipulating the environment to your advantage.
- Steal Iconic Merch: Yesterday's pop culture collectibles are priceless artefacts in a post-Earth age. Steal iconic memorabilia from the Plunderships' vaults before rival crews do.
- Become the Top Pack: Compete against other packs of players while taking down Plundership security forces. Meet your loot quota and make your escape to win.
- An Evolving Challenge: Look forward to new HYENAS joining the party and the launch of extra Plunderships with more precious merch to steal.
- Escape to Win: Use unique skills and abilities to face-off in fast-paced battles in a bid to secure your stolen merch, ESCAPE TO WIN, BABY!
Hyenas is coming to PS4, PS5, Xbox One, Xbox Series X|S and PC (Steam/Epic Games Store) in 2023.
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