Gamasutra is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Gamasutra: The Art & Business of Making Gamesspacer
View All     RSS
July 12, 2020
arrowPress Releases

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

Konami breaks profit records thanks to domestic mobile market

Konami breaks profit records thanks to domestic mobile market

May 10, 2018 | By Emma Kidwell

May 10, 2018 | By Emma Kidwell
    Post A Comment
More: Console/PC, Smartphone/Tablet, Business/Marketing

Konami published its latest financial results earlier today, showing a record-breaking increase in revenue thanks to strong sales from its digital entertainment business. 

For the full fiscal year ending March 31, Konami earned ¥239.5 billion (~$2.19 billion) in revenue, up 4.2 percent year over year and saw a recording-breaking operating profits increase of ¥45.2 billion (~$413 million), up 24.3 percent, surpassing the record set in 2012. 

The bulk of Konami's revenue continues to come from digital entertainment with ¥120.3 billion (~$1.1 billion) total revenue, up 13.9 percent year over year.

The company seems to be focusing on its domestic mobile games market, having released Tokimeki Idol and Quiz Magic Academy Lost Fantarium since last quarter.

In addition, mobile titles Jikkyou Pawafuru Puryoyakyu, Professional Baseball Spirits A (Ace) and Yu-Gi-Oh! Duel Links have continued to perform well in Japan. 

Interestingly, on the console release side, Metal Gear Survive launched in the final quarter of the fiscal year but the report gave no indication as to how well it performed. 

As for the future, Konami expects to see an overall growth to an operating profit of ¥50 billion (~$457 million), with digital entertainment anticipated to bring in ¥125 billion (~$1.14 billion) in overall revenue. 

Related Jobs

Impulse Gear, Inc.
Impulse Gear, Inc. — San Francisco, California, United States

Art Director
Disbelief — Chicago, Illinois, United States

Senior Technical Artist
Klang Games GmbH
Klang Games GmbH — Berlin, Germany

Technical Producer
Klang Games GmbH
Klang Games GmbH — Berlin, Germany

Senior Level Artist

Loading Comments

loader image