Konami Earns Record Profits Thanks to Its Gaming Division
The current news that Konami experienced restructuring attempts led many to leap to conclude which it was departing games advancement completely. This turned out to be wholly untrue, and Konami later explained that said attempts were part of a strategy to generate game development more effectively. What is more, new info pretty much affirms that, despite forecasts for Konami to market its own IPs, it does not have any reason to.
Following Konami’s Latest earnings release, although it did endure a fall of 0.6percent in earnings, the nine months ended December 31, 2020, saw a 33.1% increase in overall earnings and 75.3percent growth in earnings, something Konami calls. This is primarily due to its Digital Entertainment industry, including games console, cellular, and card games, and can be in direct contrast to most of its businesses (such as casino gaming and sports clubs) that have suffered on account of this coronavirus pandemic.
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Konami especially mentions the likes of the cellular game Yu-Gi-Oh! Duel Links (that Konami has supported because it was published in 2016) and Pro Evolution Soccer as specific significant contributors. The Japan-exclusive Momotaro Dentetsu: Showa, Heisei, Reiwa Mo Taliban! , The most recent entry in the electronic board game collection sold over a half-million units by December 31. As of January 2021, that amount has risen to more than 2 and a half a million.
While Konami has some fresh game projects in evolution, such as Yu-Gi-Oh! Hurry Duel to get That the Nintendo Switch, most expect that the organization’s opinions on more effective growth and these powerful earnings imply Konami will go back to more routine console growth. Among the chief reasons why there are quite a few people who want other businesses to get Konami’s IPs, larger ones such as Metal Gear, Silent Hill, and Castlevania, is since Konami itself is not doing anything together in the present time.
There have been very insistent rumors of a new Silent Hill in the works for the PlayStation 5 throughout 2020, but Konami has denied these rumors. There has also been debate about where Konami will make any new Metal Gear games since series creator Hideo Kojima has long since left the company and Metal Gear Survive, the first game made after his departure, was a commercial failure and received a mixed reception from critics.
However, with Konami’s games division performing so strongly while its other businesses struggle, it is hardly under any financial pressure. While some fans may be convinced that Konami’s IPs would prosper under a different company, Konami itself has no reason to give them away and would possibly only do so if it was in dire straits, something it’s clearly nowhere close to being.
