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Japanese video game market revenues declined 8% in 2011
Total revenue from the Japanese video game market fell 8 percent in 2011 year-over-year, despite increased hardware sales. According to data from Famitsu’s Enterbrain, and as translated by Andriasang, hardware sales were up 2.4 percent to ¥179.7 billion ($2.3 billion), thanks in part to the launches of the Nintendo 3DS and the PlayStation Vita. However, retail software sales were down 13.7 percent to ¥274.6 billion ($3.6 billion) year-over-year. Overall revenue for the year was ¥454.4 …
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