Konami Sees Strong Financial Report of Back of Video Games

Contrary to popular belief, Konami is still doing pretty well.

Posted By | On 01st, Feb. 2018

Revealing its financial results for the prior nine months ending with December 31st, Konami is having a banner year, and much of that is coming off of the mainstream games market. Yes, the one they reportedly once wanted to get out of.

This info comes through a press release which shows that the business for all segments is up year over year, with the segment breakdown outright stating that their “Digital Entertainment” (their mainstream gaming sector) business has been the largest driver. The “Gaming & Systems” segment which refers to their Pachinko and arcade machines saw far weaker performance. Their Digital Entertainment sector made 89.7 billion Yen compared to 73.7 billion Yen they made last year. Overall, total revenues were ¥178.7 billion compared ¥163.9 billion from last year.

Konami attributes the growth of its Digital Entertainment business to stable performance of PES 2018 and Super Bomberman R, as well as successful Mobile releases such as Yu-Go-Oh! Duel Links and PES Card Collection. Within their revised predictions for the next fiscal year, Konami only increased the revenue and profit predictions for the Digital Entertainment business, suggesting that they might be getting more serious again with the upcoming release of titles like Metal Gear Survive.


Keep On Reading!

State of Decay 3 Developer Could Face Closure With Impending Xbox Layoffs – Rumor

State of Decay 3 Developer Could Face Closure With Impending Xbox Layoffs – Rumor

Like Double Fine Productions, Ninja Theory and Compulsion Games, Undead Labs may shut down if it doesn't find ...

PlayStation’s Next-Gen Platform Seeks “A Seamless Experience” Enjoyable “Beyond the Living Room”

PlayStation’s Next-Gen Platform Seeks “A Seamless Experience” Enjoyable “Beyond the Living Room”

SIE president Hideaki Nishino says the company aims "to deliver value unique to PlayStation" rather than "serv...

Assassin’s Creed Black Flag Resynced vs Original – 15 More Changes That Stand Out

Assassin’s Creed Black Flag Resynced vs Original – 15 More Changes That Stand Out

Beyond graphics and combat, the changes highlighted in this feature reshape how Black Flag Resynced plays at a...

The Next Ghost Recon Has Become One Big Question Mark

The Next Ghost Recon Has Become One Big Question Mark

It's been almost seven years since the last Ghost Recon, but despite initial promise, the next title seems to ...

College Football 27 Might Finally Make Dynasty Mode The Star

College Football 27 Might Finally Make Dynasty Mode The Star

A couple of iterations later, and we might be getting a Dynasty Mode that builds on its predecessor’s strong...

15 Big Games Launching in July 2026

15 Big Games Launching in July 2026

A deluge of releases awaits in the months leading up to GTA 6, and it all starts in July. Check out all the ke...