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.


Amazing Articles You Might Want To Check Out!

Keep On Reading!

Battlefield 6’s PC Sales “Among the Best Seen For a Premium Game” in the US

Battlefield 6’s PC Sales “Among the Best Seen For a Premium Game” in the US

However, the console side is slightly less impressive in the region with the shooter ranking in the "top 15, t...

Mortal Kombat: Legacy Kollection – 15 Big Details You Can’t Ignore

Mortal Kombat: Legacy Kollection – 15 Big Details You Can’t Ignore

This is a blast from the past that comes with a few modern touches that could make diving back into the Mortal...

Tormented Souls 2 Review – Beware the Shadows

Tormented Souls 2 Review – Beware the Shadows

Tormented Souls 2 excels in polished visuals, haunting atmosphere and classic survival horror mechanics.

Bounty Star Review – Unforgiven

Bounty Star Review – Unforgiven

An intriguing premise and solid protagonist can't do much to salvage Bounty Star's gameplay, which can feel mi...

Ninja Gaiden 4 Guide – How To Play As Ryu Hayabusa In All Chapters

Ninja Gaiden 4 Guide – How To Play As Ryu Hayabusa In All Chapters

Enable the selection of Ryu Hayabusa as a character in every single chapter of the game with this guide for Ni...

Jurassic World Evolution 3 Guide: How To Build A Dinosaur Encounter

Jurassic World Evolution 3 Guide: How To Build A Dinosaur Encounter

Build Dinosaur Encounters to let park Guests interact with dinosaurs up close and personal using this guide fo...