Konami financials: profits down 48% in Q3, forecast cut

Thursday, 7 February 2013 10:18 GMT By Dave Cook

Konami joins a growing list of console game companies posting a dip in financials. The Japanese company saw a 48% decease in profit for the period, and as such, has trimmed its financial projection for the year.

GI.biz reports that Konami’s console and digital arm saw a 19% drop in sales at ¥80.5 billion for the nine-months ended December 31st, 2012. That equates to $859 million / £547.6 million.

The company as a whole saw a year-on-year profit decrease, falling from ¥17 billion to ¥8.2 billion. It’s a drop of 48%.

Going forward, Konami has now cut its full-year profit projection by 43%, down to ¥13.5 billion. The company attributed the decrease to the delay of content for social networks and slot machines into the next fiscal year.

Pro Evolution Soccer 2013 saw “solid” performance, Konami says, and cited some 34 million registered users of Konami’s social content.

Konami has a lot going on at the moment however, with Metal Gear Rising: Revengeance launching February 22nd and the impending Metal Gear Solid: Ground Zeroes from Hideo Kojima. It should be a banker, but what do you think?