If anything it's the exact opposite. SE has discovered that their remakes and remasters do pretty well while their new IPs underperformed.
Net sales declined YoY in the HD Games sub-segment, partly because the release of major titles a year earlier had created a challenging YoY hurdle, but also because many of the new small and mid-sized titles we launched this year did not perform as well as we had expected.
What games might you think they are referring to here, hmm?