/vr/ - Retro Games

>>10372725
Yes. Sega (and many other Japanese arcade manufacturers) believed that the arcade industry was dying worldwide. So they ran back to Japan to hide and lick their wounds. They shut down many of their overseas offices and arcade factories. Then focused on Japan as their main arcade business. I think some of them regret their decision to do this since other arcade companies just moved in and took over.

Sega as a company was actually doing pretty bad. They were in near bankruptcy because of the failure of the 32x, Saturn, and the cancelled Dreamcast. Sega actually didn't even have the money to manufacture the Dreamcast. They burned up their money reserves with making and selling the Saturn. Sega actually borrowed money from banks, and went into deep debt to make the Dreamcast. Truthfully, Sega should have stopped after the Saturn. But they wanted to try one last roll of the dice.

In today's market, if you want to order an arcade game from Sega, Namco, Capcom, etc....it has to be shipped from Japan. This increases the cost. It's part of the reason why Japanese manufacturers have struggled to gain a foothold in the market like they used to. Ordering an arcade cabinet from them costs twice as much as it used to. Standard Cabinets cost around 5K to 6K back in the 90s. But today if you want something like a modern Street Fighter or Tekken cabinet, you are looking at around $16K to $18K. Japanese manufacturers jacked up their prices so high.

If you are an independent arcade owner, that's crazy. It's why you hardly see joystick cabinets anymore in arcades. It's way too expensive. For $18K, you could buy a Deluxe cabinet from Raw Thrills in America.

Another issue is support and warranty. If something breaks, you have to ship it back to Japan for repairs. But with Raw Thrills they have local factories to deal with it. The repair and shipping time is much sooner. Sega (and other Japanese companies) USED to have factories like that everywhere. Not anymore.

>>10327330
Did someone say Sega World Sydney?