As you may know Yu Suzuki has stepped down as President and Representative Director of AM2 and has been replaced by Hiroshi Kataoka. After SEGA's restructuring process is complete at the end of this month, there will be a conference establishing 2 new SEGA studios.
SEGA Studios Japan
Wow Entertainment - Japan
SEGA - AM2 - Japan
Hitmaker Co.,LTD - Japan
Amusement Vision - Japan
SEGA Rosso - Japan
OverWorks - Japan
Sonic Team - Japan
United Game Artists - Japan
Smilebit - Japan
Studios Not Included
Mechatro Inc. - Japan
WaveMaster - Japan
Visual Concepts - USA
By August 1st 2003, only 5 studios from the first list will remain and 2 new studios will be added. You can only hope that your beloved SEGA - AM2 remains as is. This open's up a broad range of question's such as, what will become of Yu Suzuki. Will he start a new company? Where have the rest of the employees gone? Nobody know's. We will have to wait at the end of this month to see.
Courtesy of (IR) SEGA Corporation / 2003