In today’s video, we discuss something subjective – are video game remasters good or bad? And...
Konami is Doing Well Financially Despite This Year’s Controversies
While Konami aren’t having the best year in terms of reputation, this doesn’t seem to have affected their profits. We may have to see what affect Metal Gear Solid 5: The Phantom Pain has on the numbers, but things are looking good for the Japanese games company.
In the financial results for the first quarter of the current fiscal year Konami have shown a total revenue of 51.200 billion yen, which is an increase of 5.3% over the same period last year. Benefits have reached 4,2380 which is an increase of 159.9%, over the previous year.
This shows growth for the company, and the game division now represents 23,800 million yen. This is an improvement of 16.7% and a profit of 6,500 billion yen.
A lot of this success appears to have come from the mobile gaming area of the business. Jikkyou Pawafuru Puroyakyu was noted as being downloaded 13 million times, with similar success with other titles. This mirrors a trend with other companies that see success in this area of gaming.
Another area where Konami have seen success is with PES and Professional Baseball Spirits 2015. These games have also provided a lot of profit by the way of micro-transactions.
With the issues with Hideo Kojima and the way they have reportedly being treating their employees it will be interesting to see if this will affect their profits in the next year. The sheer amount of money said to be spend on Metal Gear Solid 5: The Phantom Pain is sure to be an issue, unless it provides a profit.
What are your thoughts on Konami’s success? How will the rest of the year affect them? Let us know below.