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Thread: SNK IS Profitabale Again

  1. #1
    Remembers The North
    Taiso's Avatar
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    Dec 2000
    Illinois, USA


    SNK IS Profitabale Again

    Not sure if this has been posted yet. If so, delete. If not, enjoy.

    It's been a rocky few years for SNK, but it was very happy to point out today that it is finally profitable again.

    SNK shared its official financial statements in Gazette Magazine today, showing off that the company is doing quite well for itself now despite being in the negatives last year. The difference is significant as well – in FY 2016, the developer posted a loss of 558 million yen, while FY 2017 brought it to a 3.105 billion yen net profit. In other words, it reversed its fortunes.

    The company had been struggling slightly after its acquisition by Chinese company 37Games. CEO Koichi Toyama decided that the developer would turn its back on the semi-lucrative pachinko business and focus on video games again, rebranding as SNK instead of SNK Playmore. The first initiative of this newfound passion for games was King of Fighters XIV, which has apparently done quite well for SNK.

    "Every creative act is open war against The Way It Is."
    ~Jerry Holkins

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  3. #3
    Thou Shalt Not
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    xsq's Avatar
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    Jan 2013
    Muenster, Germany

    Oh Taiso dude, this must hurt. Beaten to it by TopTierIdiot and Search-Function'ed by a French Noob...

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    FilthyRear's Avatar
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