Konami recorded one of the most profitable years in the company’s history.
Konami is not the company it used to be, depending on who you ask. It has always had pachinko machine support and mobile releases. It’s also present in standard video game releases with franchises like Metal Gear Solid, Castlevania, etc. Konami isn’t too keen on the latter these days. However, it To be much-anticipated TMNT release: Cowabunga Collection this yearand its focus has continued to shift to pachinko and mobile releases. That move has paid off because of mobile games like Yu-Gi-Oh! Master Duelalso available on consoles and PC, has helped Konami establish one of the most successful years of all time, as reported by Eurogamer.
Here’s what Konami has to say about Master Duel and the Yu-Gi-Oh! franchise, in it financial results:
- Global Launch of Yu-Gi-Oh! Duel masters as a cross-platform title – beyond 30 million downloads since April
- Yu-Gi-Oh! The Trading Card Game continues to gain global support and deliver strong performance amid the COVID-19 pandemic.
Between its main revenue pillars, which are listed as Digital Entertainment, Entertainment, Games & Systems, Sports and Discard in the financial results, Konami recorded 299.5 billion yen, equivalent to about 2.3 billion dollars. Konami reports this is a 9.9% increase in total revenue from 272.7 billion for Fiscal Year 2021. In terms of actual operating profit, the company reported yên36.6 billion last year. and 74.4 billion yen this year, a sharp increase of 103.6 percent. Due to these large fiscal increases from Fiscal Year 2021 to Fiscal Year 2022, the company forecasts 320 billion yen in earnings in Fiscal Year 2023.
In another development on the company’s financial results, Konami president and representative director, Kimihiko Higashio, revealed that the company intends to continue exploring NFT and the super-island space.
“Since its founding in 1969, Konami Corporation has always had a pioneering spirit and foresight to understand the world’s needs,” Higashio wrote in a statement. Press Release. “By keeping up with changing trends and technologies, it has consistently captured the pinnacle of the times. The entertainment sector and its business development potential are expanding with the development of technology; such as artificial intelligence (AI), fifth/sixth generation mobile communications (5G/6G), VR/AR and NFT, the increasing performance of mobile game devices and consoles control as well as the emergence of new distribution platforms using cloud technology.
“The market is expected to activate with the proliferation of new ways to enjoy the game, such as the growing recognition of e-sports, in which the game is seen as a sporting event. sports. Metaverse, a concept in the online game extension, is gaining more and more attention. We believe these are opportunities to further enhance the value of our content, which has already formed a user community on a global scale. ”
It looks like Konami will continue to explore the field of NFT, which it started doing in January with Collection “Memorial NFT” 35th Anniversary Castlevania.
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