Despite an admittedly stagnant Japanese economy and "generally weak" demand for video games in North America and Europe, things are looking up for entertainment conglomerate SEGA SAMMY compared to where it was a year ago.

Though net sales between April and December 2009 were down 7.7% over the previous year, the company saw net income of 16.94 billion yen ($189.9M USD)--a significant improvement over the previous year's net loss of 10.84 billion yen ($121.5M USD). Read more »

Following the ridiculously successful Mario & Sonic at the Olympic Games, which has sold over 10 million units since it debuted on Wii and DS before the 2008 Summer Olympics, Sega has announced that the duo are now headed off to the Winter Olympics.

Developed by Sega of Japan with the involvement of Mario creator Shigeru Miyamoto, Mario & Sonic at the Olympic Winter Games will offer Wii and Nintendo DS owners numerous Olympic-themed mini-games, such as Alpine Skiing and Speed Skating. Read more »