Atlus Reports Net Loss Of 904 Million Yen For Fiscal Year Ending March 2019, With Strong Physical Game Sales

Atlus Reports Net Loss Of 904 Million Yen For Fiscal Year Ending March 2019, With Strong Physical Game Sales

Recently, Atlus posted its financial statement for the fiscal year which ended on March 2019 – revealing its performance so far.

This year, the company reported experienced a 904 million yen (i.e. $8.4 million USD) loss in its business. While this might look grim, Atlus clarified that the loss was due to amortization of business rights – with repayments every fiscal period. This is because Atlus transferred from Index to SEGA around 6 years ago.

Despite this dip in its finances, however, Atlus also reported that sales of its packaged titles had exceeded expectations. These were titles such as Etrian Odyssey Nexus and Persona Q2 – which both sold decently outside Japan. Atlus further commented that these strong sales contributed greatly to its parent company SEGA.

Atlus’ balance sheet also indicated a high-level of financial soundness – with an equity ratio of 90.5% and a current ratio of 592.0%. Generally speaking, the company is actually doing well for itself, despite what looks like a huge dip in their earnings.

Those are the juiciest bits of information from the financial statement so far. We’ll report when we hear more in the future.

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