Sega Sammy is the latest game company to release its financials for the nine months ended December 31, and both sales and profits are on the up.

Looking at the firm's consolidated results, company-wide sales rose by 16.6 percent to 285.7 billion yen ($2.54 billion) year-over-year, while profits increased by 462.1 percent to 36.5 billion yen ($324.9 million) across the same period. 

The company's Entertainment's Contents Business, which houses its video game operations, saw sales increase by 14 percent year-over-year to 155.4 billion yen ($1.38 billion). 

Rising video game sales were partly responsible for that upturn, with digital games pulling in 35 billion yen ($311.6 million) over the past nine months, an increase of 6 percent. 

Packaged games, on the other hand, raked in 37.9 billion yen ($337.4 million) during the same period — a year-over-year …