Article written by Alex C.
Published on 27/06/2012 at 09:00 AM.
A financial report published by Japan’s National Printing Bureau indicates that Sony Computer Entertainment are running a 95 billion Yen deficit.
Translations suggest that the company attributes 76 billion of that to Selling, General & Administrative Expense (SG&A) and 17 billion to taxes.
The figures don’t make pleasant reading, but it’s clear that whilst this financial year wasn’t at all easy for SCE, a lot of money would have been spent on R&D for PS4.
The Vita launch, some poorly performing first party games, natural disasters and fallout from the hacking affair would have all contributed too.
Regardless, SCE will need to recoup this quickly.