/vr/ - Retro Games

>>10218412
>What resulted in Sega's net loss was investing hundreds of millions dollars into the Sega Saturn and it failing to sell many units outside of Japan.
Again, that's not what the FY98 report says, nor does it align with the inventory reports. You can see in the inventory reports they were sitting on tons of unsold Genesis and Game Gear inventory, with 32X being the next big one. They also had some unrealistic sales goals. There was no way they were going to sell 4 Million Genesis games and systems in FY97. In reality they didn't even sell 500k. Saturn on the other hand isn't anywhere near as bad in that sense.

So it's pretty clear that the statements about disposing of unprofitable assets, writing off inventories, putting too much emphasis on the Genesis, etc. is referring to all this unsold inventory and eventually dumping it in FY98, resulting in a massive loss. The inventory reports from the previous year give us the context for the statements in the FY98 report.