{"id":136059,"date":"2026-02-13T20:45:00","date_gmt":"2026-02-13T20:45:00","guid":{"rendered":"https:\/\/www.nintendolife.com\/#article-197500"},"modified":"2026-02-13T20:45:00","modified_gmt":"2026-02-13T20:45:00","slug":"sega-records-200-million-impairment-loss-as-angry-bird-devs-performance-is-sluggish","status":"publish","type":"post","link":"https:\/\/sickgaming.net\/blog\/2026\/02\/13\/sega-records-200-million-impairment-loss-as-angry-bird-devs-performance-is-sluggish\/","title":{"rendered":"SEGA Records $200 Million Impairment Loss As Angry Bird Dev’s Performance Is “Sluggish”"},"content":{"rendered":"
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<\/span> Image: Sega<\/em><\/figcaption><\/figure>\n

SEGA Sammy has published its Q3 2025\/26 financial report<\/a>, and it’s a pretty mixed bag for the multimedia giant, with losses reported in multiple different areas.<\/p>\n

But perhaps the biggest piece of news comes from Rovio’s side of the business. Sega acquired the Angry Bird developer in 2023<\/a> Sega reports has fallen “significantly short of initial forecast due to rapid changes in the market environment and other factors”.<\/p>\n

The company has reported an impairment loss<\/a> of \u00a530.4 billion ($198.6 million), citing increased competition and the rapid deterioration of user bases. This meant that “Rovio found it difficult to advance its initially planned business development”.<\/p>\n

A number of titles haven’t met Sega’s own internal targets, with development delays and cancellations also a factor. Sonic Rumble<\/strong>, the mobile game which Rovio co-developed, also fell short of expectations, particularly around customer acquisition.<\/p>\n

It’s not just with Rovio, though \u2014 while net sales remain steady and are 4% up year-on-year, operating income and ordinary income are both down, 54.6% and 51.8% respectively. Entertainment Contents has also dropped 31%.<\/p>\n

Sega only reports two full game releases for the third quarter: Persona 3 Reload<\/a> on Switch 2, and Football Manager 26<\/strong>, the latter of which needed “a series of updates to address post-launch bugs, etc. and improved the gameplay environment”. And in general, full game titles have reported “stagnant growth”.<\/p>\n