No Microsoft deal on the cards
Utsumi also addressed rumors of Microsoft interest to buy the company.
The Redmond, Washington technology giant reportedly considered acquiring Sega as well as Bungie, the studio originally responsible for Halo, the Verge reported earlier this year, citing internal documents from a hearing in the Federal Trade Commission lawsuit seeking to block Microsoft's acquisition of Activision Blizzard.
Sega's operations chief dismissed the suggestion that Sega, which is owned by Sega Sammy Corporation, the company formed from the merger of Sega and Sammy Corporation in 2004, had any intention of being sold to another party.
"Many companies are interested. We feel honored," Utsumi told CNBC.
"We have attractive IPs and potentials. Companies owned by the owner. A strong owner. I don't think that (right now) that kind of transaction is going to happen. (I don't expect that)".
Sonic the Hedgehog helped revive 63-year-old Sega. The firm wants a repeat with its other classics
Sega Chief Operating Officer Shuji Utsumi said that the company is thinking of bringing more of its lucrative intellectual property to other platforms.
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