Sega has confirmed they will not be having a formal presence at this year’s Electronic Entertainment Expo.

Sega confirmed the news to Game Informer:

“Over the next months, SEGA of America will be focusing on the restructure and relocation to Southern California, and we have decided to not attend E3 with our own booth this year,” reads the Sega representative’s statement. “With the majority of our bigger titles launching later in 2015/2016, particularly those from our AAA studios Relic Entertainment, Sports Interactive and Creative Assembly, we are concentrating our efforts for some of these major announcements after our relocation. Instead, we will be collaborating with our various business partners for this year’s E3 show.”

While this isn’t indicative of their recent posting of a 15 billion yen loss, as the company still rakes in money with their lucrative mobile/social games, and their non-gaming assets.