Konami Pronounces Monetary Outcomes With Vital Revenue Drop Partly Attributable to Dev Value for New Video games


At this time Konami introduced its monetary outcomes for the primary 9 months of the fiscal 12 months, associated to the interval between April 2022 and December 2022. 

In keeping with the announcement, income for the entire firm was 226.9 billion yen, up 5.5% year-on 12 months. Enterprise revenue was 41.1 billion yen, down 31.2% year-on 12 months. 

Subsequent, we check out the Digital Leisure enterprise, which incorporates video video games on high of the Yu-Gi-Oh! collectible buying and selling card game. 

Konami Investor Relations

As you possibly can see from the desk above, income elevated barely year-in-year to 156.4 billion yen (+1.6%), however enterprise revenue plummeted, reaching solely 37.4 billion yen, 32.6% drop year-on-year. 

We study that the income of eFootball 2023 grew as a result of pleasure pushed by the World Cup, whereas the Yu-Gi-Oh! collectible buying and selling card game continues going robust. This created a synergistic impact with the video game Yu-Gi-Oh! Grasp Duel, which surpassed 50 million downloads worldwide.

That being stated, the steerage for the complete fiscal 12 months has been dropped significantly each for gross sales and enterprise revenue “primarily resulting from elements together with revision of the revenue plan for some titles within the Digital Leisure enterprise.”

Curiously, one of many elements listed within the press launch for the decrease revenue is “improve in analysis and growth bills for brand new growth titles.”

Konami lists a couple of of the video games it is presently engaged on within the press launch:

“We’re working assiduously to produce the Silent Hill collection, which has been hotly anticipated ever since we introduced the choice to provide each a remake and completely new titles. Moreover, we’re transferring ahead with the manufacturing of Tremendous Bomberman R 2, the most recent title of the Bomberman collection; Suikoden I&II HD Remaster Gate Rune & Dunan Unification Wars, an HD remastered model of the Suikoden collection, and the brand new vertically scrolling taking pictures game Cygni: All Weapons Blazing, that are scheduled for launch in 2023.”

Leave a Comment

Your email address will not be published.

This div height required for enabling the sticky sidebar
Share via
Copy link
Powered by Social Snap