Beleaguered publisher Sega has revealed details of how its big spend on console games has not materialised into major profits, with sales of , which will rebuild the corporation into three divisions, as part of a wider plan to "drastically improve profitability". At least 300 positions at the corporation are targeted for redundancy.

Sega has set aside $125 million for the restructure costs, and now expects to lose $110m for the full year.