Konami’s profits are way up after shifting focus

By James O'Connor, Tuesday, 14 February 2017 23:51 GMT

Konami may not be everyone’s favourite company right now, but they’re definitely doing well for themselves.

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While revenue was actually slightly down, much lower operating costs led to a huge increase in revenue. As detailed in their quarterly financial results, profits were up 229.8% compared to the previous year.

Part of this was down to their health and fitness and ‘amusement’ divisions, although they note that their games did quite well too, especially on mobile:

  • Launched mobile games “Yu-Gi-Oh! Duel Links” and “JIKKYOU POWERFUL SOCCER”, both recording the fastest pace of downloads among KONAMI games, while “JIKKYOU PAWAFURU PUROYAKYU”
    and “Professional Baseball Spirits A” continues to perform well (Number of downloads as of Jan ’17 -Yu-Gi-Oh! Duel Links: 25 million, JIKKYOU POWERFUL SOCCER: 5 million, JIKKYOU PAWAFURU
    PUROYAKYU: 29 million, Professional Baseball Spirits A: 7 million)
  • Continued global sales of Yu-Gi-Oh! trading card games
  • Released “JIKKYOU PAWAFURU PUROYAKYU Heroes” for Nintendo 3DS, while “Winning Eleven 2017 (PES 2017 – Pro Evolution Soccer -)” continues to deliver solid performance

Konami’s infamous split with Kojima doesn’t seem to have harmed the company’s profits, even with several former members of Konami staff moving on to Kojima Productions.

Konami is currently working on the Pro Evolution series, as well as Metal Gear Survive.

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