Konami Reports Growth And Strong Performance From The Last Fiscal Year

The biggest source of revenue for the company is from the Digital Entertainment Business which includes video games.

Posted By | On 10th, May. 2018

Konami has just announced their financial results for the last fiscal year which ended on March 31, 2018 and the results look quite good. The company shows growth year-on-year with a 24.3% increase in Operating Profit. There has also been a 4.2% increase in total revenue from the year.

The biggest source of revenue for the company is the Digital Entertainment business which is related to the sales of video games. There has been a 13.9% increase in revenue earned from this business as compared to the previous year. As for the current fiscal year, the company expects further growth and improvement. The company stated that they will focus on “functional enhancement” for both consoles and mobile devices and will also focus on new experiences which can be delivered through games, such as through eSports. Titles such as Pro Evolution Soccer 2018 have been enjoying a decent performance, but any details regarding the performance of Metal Gear Survive has been conspicuously absent. The company also mentioned forecasts for the coming year with titles such as Super Bomberman R and Jikkyou Powerful Pro Baseball. 

We’ll have to wait and see what kind of experiences Konami will bring us in the coming year.


Amazing Articles You Might Want To Check Out!

Keep On Reading!

Call of Duty 2025 Will Release for PS4 and Xbox One – Rumour

Call of Duty 2025 Will Release for PS4 and Xbox One – Rumour

Five years into the current console generation, Call of Duty will stick with cross-gen releases, it's claimed....

Monster Hunter Wilds – Capcom Acknowledges PC Tech Issues

Monster Hunter Wilds – Capcom Acknowledges PC Tech Issues

Capcom suggests "updating your graphics driver, turning off compatibility mode, and readjusting settings" to c...

Pokemon Trading Card Game Pocket Crosses 100 Million Downloads

Pokemon Trading Card Game Pocket Crosses 100 Million Downloads

"We look forward to celebrating this community and any future milestones in this new year," The Pokemon Compan...

FBC: Firebreak Will Receive More News on March 20th

FBC: Firebreak Will Receive More News on March 20th

Set after the events of Control, the co-op first-person shooter will launch later this year for Xbox Series X/...

PGA Tour 2K25 is Out Now on PC and Consoles

PGA Tour 2K25 is Out Now on PC and Consoles

The latest entry in the PGA Tour series will feature a host of pro players, as well as 29 licensed courses and...

Pokemon Champions – Former World Champion is Excited for Upcoming Multiplayer Title

Pokemon Champions – Former World Champion is Excited for Upcoming Multiplayer Title

Pokemon Champions is an upcoming multiplayer-focused title coming to the Nintendo Switch, iOS and Android that...