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Not Allowed!! ...so not allowed... on Thu Mar 12, 2009 7:38 am

http://news.livedoor.com/article/detail/4056265/
In case you're wondering what this says:
Quality RPG producer Atlus, best known for the blockbuster Megami Tensei series, is in dire financial straits, and has forecast huge losses as a result of worsening financial performance and the disposal of one of its failing lines of business.
For the accounting period ending in July, 2009, the company has revised its forecast performance from a profit of ¥100 million ($1 million) to a loss of ¥2.400 billion ($24 million). Their last reported results were a profit of ¥500 million.
Their stock has been falling precipitously as a result.
Looking at their financial reports, much of the loss appears to be of an extraordinary nature, stemming from their withdrawal from arcade-type games, where by their own admission things had not been going well.
Overall sales forecasts are also down however, with a reduction to ¥20 billion, an 11% reduction. Their estimate of pre-tax operating profit has been slashed 72%, to a mere ¥400 million.
(quoted from: http://www.sankakucomplex.com/2009/03/12/atlus-in-dire-straits-huge-loss-forecast/)
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This is seriously not cool. I know that there shouldn't be any immediate delays with games that are coming out in the next few months, maybe even the next year. But the fact that Atlus may be in trouble in the long run means that a year or two from now, if things don't look up...we may not be playing Atlus games anymore, and that is pretty terrible. Kinda makes me want to go buy 10 copies of P4 on top of the one I already have, as if that would do anything =P
Well, here's to hoping that they make appropriate changes and get back on track ^_^







