Konami posts FY13 financial results, to “promote Metal Gear” series at E3

By Stephany Nunneley, Thursday, 9 May 2013 16:15 GMT

Konami has posted its financial results for the year ending March 31, 2013 posting an overall decrease in net revenues of 15% year-over-year to ¥2.3 billion ($23 million). However, its Digital Entertainment division posted an increase of 17.1% year-over- year of ¥1.5 billion ($15 million) compared to ¥1.2 billion ($12 million) the prior year.

The firm’s social networks now have over 35 million users, and its gaming titles Pro Evo 2013 and Metal Gear Rising: Revengence helped contribute top revenue.

In the fiscal year ahead, the firm said with the “spread of smartphones and tablet PCs worldwide,” the available means of providing game software continues to diversify, and “opportunities to reach an even greater audience for game software are increasing.”

With this in mind, the firm believes it can “increase the number of outlets for the Konami Group’s game content by taking advantage of opportunities presented by the emergence of new devices and developing its business around game content

“We intend to develop ways of playing games that match the characteristics of each device,” said the company in a prepared statement. “We are further focusing our managerial resources on the development of content that we believe will become major hits in order to produce more hit content.

“Looking ahead, we will continue to expand our lineup, utilizing previously established production and operational expertise and rich content resources. We also intend to develop more for new global platforms not only in the U.S. and Europe markets but also in the Asia markets and enhance new releases with attractive content by creating synergies with established content.

“As for computer and video games, we will focus efforts on continued global development utilizing the production know-how of the Konami Group, while also continuing the production of content for selected existing AAA titles, and continue to strive towards producing hit titles by leveraging existing content. On the production side, as quickly as possible, we intend to develop local production systems in order to develop localized content tailored to the needs of our overseas game users.

“We also intend to promote Metal Gear series, our leading products, including effectively utilizing E3 2013 which will be held at Los Angeles, in the U.S. in June 2013.”

“In addition, for Pro Evo series, our original and next-generation game engine,basic programming of games, using solely for soccer is currently under development in order to provide
enjoyment of more real soccer game.”

For FY14 , the firm expects net revenue to reach ¥232,000 million.

Sometimes we include links to online retail stores. If you click on one and make a purchase we may receive a small commission. For more information, go here.