That's because of "sluggish personal consumption" in both Europe and the US. Vanquish and FM 2011 both failed to break 1 million copies sold.
SEGA sold under 6 million videogames in Europe these past nine months, 5.8 million in the US and 1.9 million in Japan. Vanquish sold 820k copies since its October launch, Sonic Colours for Nintendo DS managed 1.85m. Football Manager 2011 was at 690k.
Nevertheless SEGA posted net sales of £2.3 billion for its first three quarters of the fiscal year, which is an increase of 8.7 percent. Operating income hit £478 million, up 118.2 percent and net income was £279 million increasing 117.3 percent.