Konami Corporation released its financial results today for the fiscal year ending March 31, 2013, revealing a 15 percent decrease in net revenues and a 42.8 percent decrease in net income year-over-year.
Konami posted a year-over-year net revenue increase of 3 percent and a 77.9 percent increase in net income in the period ending March 31, 2012. The company's forecast expects a year-over-year 2.7 percent increase in net revenues and a 17.7 percent increase in net income for the fiscal year ending March 31, 2014.
Konami's Digital Entertainment business section, which houses its video game divisions, saw a 17.1 percent decrease in net revenue year-over-year. The Digital Entertainment section of the financial report calls attention to the Dragon Collection (which came to North America and iOS in the last year), Pro Evolution Soccer and the Metal Gear franchises (Metal Gear Solid: Social Ops, Metal Gear Rising: Revengeance) as notable properties released during the year.
Although the worldwide economy is "uncertain," Konami sees "signs of a rebound" due to the depreciation of the yen and rising stock prices. Konami also sees the smartphone and tablet markets as opportunities to diversify and "reach an even greater audience." Over the next year, Konami intends "to promote [the] Metal Gear series, our leading products, including effectively utilizing E3 2013."
Konami's business segments also include Health & Fitness, Gaming & Systems and Pachinko & Pachinko Slot Machines. Net revenues were down in each compared to last year.
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