Gamasutra: The Art & Business of Making Gamesspacer
arrowPress Releases
April 24, 2014
PR Newswire
View All





If you enjoy reading this site, you might also want to check out these UBM TechWeb sites:


Social Games Help Konami To Q1 Profits Increase
Social Games Help Konami To Q1 Profits Increase
August 4, 2011 | By Mike Rose

August 4, 2011 | By Mike Rose
Comments
    Post A Comment
More: Console/PC, Business/Marketing



Konami has released its financial results for the first quarter, noting an increase in revenue and operating income from its Digital Entertainment division.

The company attributed much of this success to its sales of social games, such as Dragon Collection, Sengoku Collection and Professional Baseball Dream Nine.

It noted that Dragon Collection in particular has amassed over eight million registered users.

Soccer and baseball games are steady sellers for Konami, with Professional Baseball Spirits 2011 selling respectably on consoles, and its new Digital Game Card series, featuring sport-orientated subject matter, also selling well.

For the quarter ended June 30, 2011, the Digital Entertainment branch saw its revenues increase to 26.1 billion ($328.6 million) from 25.0 billion ($314.8 million) compared to the same quarter last year.

Operating income for the division increased to 6.1 billion ($76.8 million) from 2.3 billion ($29.0 million) year-on-year.

Overall, Konami saw an increase in revenue over all operations, up to 54.9 billion ($691.2 million) from 53.2 billion ($669.8 million) year-on-year. In comparison, its profits rose to 4.0 billion ($50.4 million), up 219.7 percent from 1.3 billion ($16.4 million) year-on-year.


Related Jobs

Crytek
Crytek — Shanghai, China
[04.24.14]

Mobile Programmer
2K
2K — Novato, California, United States
[04.24.14]

Senior Tools Programmer
SG North
SG North — Toronto, Ontario, Canada
[04.23.14]

Director of Live Production
Turbine Inc.
Turbine Inc. — Needham, Massachusetts, United States
[04.23.14]

Director, Analytics Platform Development










Comments



none
 
Comment: