Konami revenues down, but company remains profitable

Konami's recently released financial results (PDF link) covering the nine-month period ending Dec. 31, 2012 reveal that the company remains profitable, but significantly less so than it was a year ago.

The company reported net revenues of just over 160 billion yen ($1.7 billion), a year-over-year decrease of 17.7 percent. Konami still earned 8.8 billion yen ($94.9 million) in income, a 48.3 percent decrease year-over-year. Overall, Konami now expects a net income of 13.5 billion yen ($145.5 million) for the fiscal year ending March 31, 2013, a 41.3 percent decrease from the previous year.

Konami singled out Metal Gear Solid Social Ops and Dragon Collection as titles that contributed to profits, while Pro Evolution Soccer 2013 and the Yu-Gi-Oh! trading card game also "performed strongly" in the Digital Entertainment division. The company plans to increase its involvement in emerging markets like smartphones, tablets and social networks. Konami expects its other divisions, which oversee products like mechanical and video slot and pachinko machines as well as health and fitness equipment, to remain profitable, though less so than last year.

Konami points to economic conditions to explain the revenue disparities, including the European sovereign debt crisis, cautious casino owners wary of investments and consumers in the health and fitness industry "uncertain over the future economic climate."

More from Polygon

The horror of Five Nights at Freddy's

  • Dark Souls 2: Crown of the Old Iron King Overview

  • Spacecom: a fast 4X built for multiplayer

  • Pillars of Eternity builds on role-playing classics

  • Tour the 1 KB hard drive built inside Minecraft

Latest Discussions

X
Log In Sign Up

forgot?
Log In Sign Up

Please choose a new Polygon username and password

As part of the new Polygon launch, prior users will need to choose a permanent username, along with a new password.

Your username will be used to login to Polygon going forward.

I already have a Vox Media account!

Verify Vox Media account

Please login to your Vox Media account. This account will be linked to your previously existing Eater account.

Please choose a new Polygon username and password

As part of the new Polygon launch, prior MT authors will need to choose a new username and password.

Your username will be used to login to Polygon going forward.

Forgot password?

We'll email you a reset link.

If you signed up using a 3rd party account like Facebook or Twitter, please login with it instead.

Forgot password?

Try another email?

Almost done,

By becoming a registered user, you are also agreeing to our Terms and confirming that you have read our Privacy Policy.
Spinner.vc97ec6e

Authenticating

Great!

Choose an available username to complete sign up.

In order to provide our users with a better overall experience, we ask for more information from Facebook when using it to login so that we can learn more about our audience and provide you with the best possible experience. We do not store specific user data and the sharing of it is not required to login with Facebook.

tracking_pixel_5353_tracker